First Quantum Minerals Ltd. (TSE:FM) Given Consensus Rating of “Moderate Buy” by Analysts

Posted by Geri Gentry on Sep 13th, 2026

First Quantum Minerals Ltd. (TSE:FM – Get Free Report) has earned an average recommendation of “Moderate Buy” from the fourteen research firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$45.68.

A number of equities research analysts recently weighed in on FM shares. Canadian Imperial Bank of Commerce decreased their price objective on shares of First Quantum Minerals from C$44.00 to C$41.00 in a report on Thursday, July 30th. Barclays raised their target price on shares of First Quantum Minerals from C$42.00 to C$46.00 in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft raised shares of First Quantum Minerals from a “hold” rating to a “buy” rating and lifted their price target for the company from C$40.00 to C$50.00 in a research note on Wednesday, June 3rd. National Bank Financial boosted their price target on First Quantum Minerals from C$47.00 to C$50.00 and gave the company an “outperform” rating in a report on Tuesday, July 14th. Finally, Raymond James Financial increased their price objective on First Quantum Minerals from C$45.00 to C$47.00 and gave the stock a “market perform” rating in a research note on Friday, September 4th.

Check Out Our Latest Stock Report on FM

Insider Activity at First Quantum Minerals

In other news, insider Gavin Ashley sold 20,000 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of C$46.00, for a total transaction of C$920,000.00. Following the transaction, the insider directly owned 75,905 shares of the company’s stock, valued at approximately C$3,491,630. This represents a 20.85% decrease in their ownership of the stock. Also, Director Kathleen Applegate Hogenson bought 1,073 shares of First Quantum Minerals stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average cost of C$37.53 per share, for a total transaction of C$40,269.69. Following the completion of the transaction, the director directly owned 62,240 shares in the company, valued at C$2,335,867.20. This represents a 1.75% increase in their ownership of the stock. Company insiders own 19.35% of the company’s stock.

First Quantum Minerals Trading Up 2.3%

Shares of FM stock opened at C$43.94 on Friday. First Quantum Minerals has a 12-month low of C$25.92 and a 12-month high of C$49.27. The company has a current ratio of 1.90, a quick ratio of 1.41 and a debt-to-equity ratio of 54.66. The stock’s 50-day moving average price is C$42.13 and its 200-day moving average price is C$38.93. The stock has a market capitalization of C$36.66 billion, a price-to-earnings ratio of -488.22, a price-to-earnings-growth ratio of -1.28 and a beta of 1.43.

First Quantum Minerals (TSE:FM – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported C($0.19) EPS for the quarter. The company had revenue of C$2.16 billion during the quarter. First Quantum Minerals had a negative return on equity of 0.73% and a negative net margin of 1.44%. Equities research analysts predict that First Quantum Minerals will post 0.55872 EPS for the current fiscal year.

First Quantum Minerals Company Profile

(Get Free Report)

First Quantum is engaged in the production of copper, nickel and gold, and related activities including exploration and development. The Company has operating mines located in Zambia, Türkiye and Mauritania. The Company’s Cobre Panamá mine was placed into a phase of Preservation and Safe Management in November 2023. The Company’s Ravensthorpe mine was placed into a care and maintenance process in May 2024. The Company is progressing the Taca Taca copper-gold-molybdenum project in Argentina and is exploring La Granja and the Haquira copper deposits in Peru.