BUY on WEAKNESS
Hard to determine future of business. Fighting governments of country it does business in. Wait until business stabilizes. Wait to buy. Other copper stocks available with more certainty and financials.
integrated mines
BUY
Likes it a lot. Long-term support at current levels. Copper is participating in the higher for longer cycle. Close your eyes, and buy here. Looks like it wants to go higher. Look to trim in mid-late 2024.
integrated mines
WAIT
Copper chart not giving off the warm and fuzzies right now, often thought of as a warning of economic slowdown. Not interested till copper picks up. Valuation not great. Rent it when you get a hint that the next bull market is on.
integrated mines
BUY on WEAKNESS
12 month outlook hard to predict. Copper production in Central America. Demand for copper will be strong in the long term. Political risk in countries the company operates is uncertain. Well managed company. Good long term investment.
integrated mines
DON'T BUY
He owns no copper producers. Where the economy goes, so does copper--and the economy is slowing down globally. This doesn't bode well for copper demand, and FM is strongly linked to copper prices. Don't catch a falling knife (copper stocks).
integrated mines
HOLD
Copper is a China recovery story, but it's still in lockdown. Demand for copper, iron ore, and energy is below optimal global levels. If you're of the view that China will exit Covid in the next 12 months, owning copper here would make some sense, even if you're underwater. China's announced a big infrastructure plan.
integrated mines
PAST TOP PICK
(A Top Pick Feb 05/21, Up 49%) Benefited from move in copper, and silver and gold should follow.
integrated mines
BUY

Commodities were in a 10-year bear market and only recently reversed. FCX has been the leader, and has just pulled back and is set for another leg up. He also owns HBM. All of these will benefit, as we're in a deficit of copper and will be for quite some time. EVs use more copper than traditional vehicles. Should be core in a portfolio.

integrated mines
WEAK BUY
Copper has been strong in this market. Copper stands out in the commodity landscape. It takes a long time to add supply of copper into the market. This one should benefit, but it is really driven by the commodity. This stock screens very well, but she has more on the iron ore and lumber areas.
integrated mines
TOP PICK
A copper play. The price of copper is breaking out and it signals that currency devaluation is happening. Has not bought it yet but is looking to get in. (Analysts’ price target is $26.74)
integrated mines
DON'T BUY
Outlook for copper is wonderful, as it's the metal of electronics. Zambian government is demanding more in taxes. Bought Panama mine at a high price. Political considerations are holding it back.
integrated mines
TOP PICK
A risky stock that’s driven him nuts. He bought it around $10.96. It’s finally breaking out. Copper stocks could do well although his exit price is around $11 which could move up depending on how it performs. (Analysts’ price target is $15.47)
integrated mines
WAIT
November - March is best holding period. Still a ways out. Trend of lower lows and lower highs. Wait for selling exhaustion. We're not there yet.
integrated mines
COMMENT
Depends on China, and whether that economy goes back up. He owns Hudbay Minerals instead, it's a safer geography and a bit better balance sheet.
integrated mines
WATCH
It is similar to TECK.B-T. It is on his watch list. It has 25-30% upside this year. If he wants to get more exposure to emerging markets, this is one he will buy.
integrated mines
Showing 1 to 15 of 164 entries

First Quantum Minerals(FM-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 5

Stockchase rating for First Quantum Minerals is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

First Quantum Minerals(FM-T) Frequently Asked Questions

What is First Quantum Minerals stock symbol?

First Quantum Minerals is a Canadian stock, trading under the symbol FM-T on the Toronto Stock Exchange (FM-CT). It is usually referred to as TSX:FM or FM-T

Is First Quantum Minerals a buy or a sell?

In the last year, 5 stock analysts published opinions about FM-T. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for First Quantum Minerals.

Is First Quantum Minerals a good investment or a top pick?

First Quantum Minerals was recommended as a Top Pick by on . Read the latest stock experts ratings for First Quantum Minerals.

Why is First Quantum Minerals stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is First Quantum Minerals worth watching?

5 stock analysts on Stockchase covered First Quantum Minerals In the last year. It is a trending stock that is worth watching.

What is First Quantum Minerals stock price?

On 2023-02-03, First Quantum Minerals (FM-T) stock closed at a price of $27.9.