First Quantum Minerals (FM.TO) Buy, Sell or…

Home

Daily Stock Opinions and Ratings

First Quantum Minerals (FM.TO)

40.02

-5.74 (12.54%)

as of Jun 5, 2026, 8:00:00 pm Market Open.

118 watching

Investor Insights

Jun 7, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

First Quantum Minerals, symbol FM-T, is a prominent player in the copper market, which faces a critical shortage due to increasing demand from sectors like data centers. The company's outlook is influenced by the volatile nature of copper prices, which are heavily tied to global economic conditions. Despite having a significant copper mine that has been inactive for nearly three years, experts acknowledge the potential for First Quantum to capitalize on rising prices, particularly as the metal is essential in various industries. While some analysts consider it an interesting investment, they hesitate to deem it a leading choice in the copper space compared to other options. Overall, First Quantum is recognized for its substantial leverage to copper, making it a noteworthy candidate in the base metal sector, with a price target set at $37.25 by analysts.

Consensus

Mixed

Valuation

Fair Value

Similar

LUN,TSE

DON'T BUY

Copper and economically sensitive. Some political risks because of where their deposits are. Has recovered nicely. Not for him. He would prefer something with less political risks.

TOP PICK

Premier copper producer out of Zambia with a recent acquisition in Peru. $600 million in cash. Feels there is a very good market for copper in 2012-2013. Could probably double its production by over 1,000,000 pounds by 2014-2015. The catalyst will be when their Ravenscourt Australia nickel project comes on in the 1st half of 2012.

DON'T BUY

With this you are buying copper in Africa. In a poor market this could drop to $15 in a heart beat because of the company’s risk profile. This is not a market to be going out on a limb to take risk.

DON'T BUY

Have got some great projects globally but have some political issues in Zambia. Also copper prices are coming off. Risk profile is getting better but falls in the country risk category.

TOP PICK

This stock reflects $225-$250 copper prices. One of the premier producers. Cash cost around $1.30-$1.40. 600 million pounds of copper, growing to 1 million in the next few years. Tremendous growth.

COMMENT

Breaking through the $120 level was critical. It either holds at around $100 or it will come in at around the high $80’s or low $90s. (Please note. A viewer corrected us as we had the wrong symbol. Reviewed our tapes but not sure where BNN got their figures from. They show current price as $103.64 but this stock has never gone beyond $29.60 in 52 weeks.)

PAST TOP PICK

(A Top Pick March 29/10. Up 42.49%.)

BUY

You are going to see some of the beneficiaries of what is happening in Japan. Eventually the copper space will be the place to be in. Name looks very good in his model. He likes TCK.B-T a little better.

COMMENT

If you are optimistic about copper prices, it is a Buy here as it has one of the highest torques to copper price movement. Sold his holdings when they had a lot of issues with the Democratic Republic of Congo with the loss of some of the rights to their properties.

SELL

Big copper play. Copper prices have been very firm. FM could be a take over candidate at some point but that is not a reason to own it. He would take half profits at this point. It is a volatile story in politically sensitive areas. Prefers BHP.

HOLD

Likes the outlook for copper. Very focused in Zambia and recently into Peru. Very strong production profile and expects it will double in the next 4 years.

COMMENT

A play on copper and the Chinese demand story. You have to factor in some of the political environment where it is operating, which is the concern and the discount that is applied. If comfortable with that there is no reason this shouldn’t go higher.

SELL

Would be more of a Seller than a Buyer on materials stocks in Canada. Sell or scale back your position and possibly getting back in at the $48 level. His model price is $135, a possible 24% positive differential.

SELL

$125.40 model price. Even though it is not near his model price, he recommends selling it now. Re-balances every month but still owns some.

SELL ON STRENGTH

Fallen below its 200-day moving average and has come below a down trend line. Difficult to see a descending triangle. Chart shows it has not been able to meet previous highs and is now in a trading range. Could rally up to about $74-$75, which is where you should get out.

Showing 136 to 150 of 183 entries

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Brian Madden

First Avenue Investment Counsel

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Darren Sissons

Campbell Lee & Ross

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

First Quantum Minerals (FM.TO)