First Quantum Minerals (OTCMKTS:FQVLF) Shares Gap Down – What’s Next?

Posted by Francis Steltz on May 18th, 2026

First Quantum Minerals Ltd. (OTCMKTS:FQVLF – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $26.9360, but opened at $25.26. First Quantum Minerals shares last traded at $25.26, with a volume of 392 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on FQVLF shares. Scotiabank reaffirmed an “outperform” rating on shares of First Quantum Minerals in a research note on Wednesday. Barclays reiterated an “overweight” rating on shares of First Quantum Minerals in a report on Monday, May 4th. UBS Group upgraded First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 12th. TD Securities reiterated a “hold” rating on shares of First Quantum Minerals in a report on Thursday, February 12th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of First Quantum Minerals in a report on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Read Our Latest Stock Report on FQVLF

First Quantum Minerals Price Performance

The company’s 50 day moving average price is $25.17 and its 200-day moving average price is $25.49. The company has a market capitalization of $20.89 billion, a PE ratio of -100.18 and a beta of 1.26. The company has a current ratio of 1.42, a quick ratio of 0.86 and a debt-to-equity ratio of 0.44.

First Quantum Minerals (OTCMKTS:FQVLF – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The basic materials company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.22). First Quantum Minerals had a negative net margin of 3.69% and a negative return on equity of 1.21%. The company had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.36 billion. On average, sell-side analysts forecast that First Quantum Minerals Ltd. will post 0.49 earnings per share for the current fiscal year.

About First Quantum Minerals

(Get Free Report)

First Quantum Minerals Ltd. is a Canada-based mining company principally engaged in the exploration, development, production and marketing of copper and other mineral commodities. Headquartered in Vancouver, British Columbia, the company develops and operates large-scale open-pit and underground mines and associated processing facilities. Its activities span the full value chain from exploration and feasibility studies through to mining, milling and the sale of concentrates and refined metals to global customers.

Copper is the company’s primary product, produced alongside by-products such as gold, nickel, zinc and cobalt depending on the orebody.