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FM:TSXFirst Quantum Minerals Ltd. Analysis

Data as of 2026-09-10 - not real-time

CA$46.30

Latest Price

9/10Risk

Risk Level: High

Executive Summary

At CAD 46.30, First Quantum Minerals Ltd. shows a bullish moving-average alignment, with shorter averages sitting above longer ones. The last 30 days have gained 20.6%. RSI sits at 57.1, which reads as neutral, and MACD momentum is bearish. Watch CAD 42.90 as support and CAD 49.27 as the nearer resistance level.
On valuation the read is fair — an earnings multiple of 16.6, absent a reliable peer benchmark. The average analyst target implies 4.0% above today's level. Revenue is growing at 24.1% on a -1.4% profit margin.
On a 1-10 scale the risk profile lands at 9 — high. With 30-day volatility of 41.7%, a beta of 2.21 and a maximum drawdown of 30.4%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
Across every horizon the signals point the same way: hold, at a conviction of 1 out of 10.

Top Market Events

In United States "US" dollars, except where noted otherwise TORONTO, Ontario, July 28, 2026 GLOBE NEWSWIRE -- First...Seeking Alpha1monFirst Quantum Minerals Ltd.Detailed price information for First Quantum Minerals Ltd FM-T from The Globe and Mail including charting and trades.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 2/10

Key Factors

  • Short-term moving averages stacked above long-term ones
  • Trading above the 200-day average of 38.09
  • MACD momentum is negative

Medium Term

1–3 years
Neutral
Model confidence: 1/10

Key Factors

  • Short-term moving averages stacked above long-term ones
  • Trading above the 200-day average of 38.09
  • 30-day volatility of 41.7%

Long Term

> 3 years
Neutral
Model confidence: 1/10

Key Factors

  • Negative profit margin of -1.4%
  • Negative return on equity of -1.2%
  • Revenue growth of +24.1%

Key Metrics & Analysis

Financial Health

Revenue Growth24.10%
Profit Margin-1.44%
P/E Ratio16.6
ROE-1.24%
ROA2.09%
Debt/Equity66.09
P/B Ratio2.5
Op. Cash FlowCA$1.7B
Free Cash FlowCA$-91125000

Technical Analysis

TrendBullish
RSI57.1
SupportCA$42.90
ResistanceCA$49.27
MA 20CA$45.66
MA 50CA$41.82
MA 200CA$38.09
MACDBearish
VolumeStable
Fear & Greed Index91.98

Valuation

Fair ValueCA$39.40
Target PriceCA$48.15
Upside/Downside4.01%
GradeFair
TypeGrowth

Risk Assessment

Beta2.21
Volatility41.74%
Sector RiskMedium
Reg. RiskMedium
Geo RiskLow
Currency RiskMedium
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.