First Quantum Minerals

FM-T

TSE:FM

8.22
0.00 (0.00%)
First Quantum Minerals Ltd. is a Canadian based mining and metals company whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues. as of 2016.
More at Wikipedia

Analysis and Opinions about FM-T

Signal
Opinion
Expert
BUY
BUY
December 31, 2012

Mid November until May is seasonal strength. It moved above 20 day moving average this past Friday. You have all the ingredients for this to show a nice move. The possible takeover of Inmet could have an impact and you might want to buy that one. A good play right now.

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Mid November until May is seasonal strength. It moved above 20 day moving average this past Friday. You have all the ingredients for this to show a nice move. The possible takeover of Inmet could have an impact and you might want to buy that one. A good play right now.

PAST TOP PICK
PAST TOP PICK
November 8, 2012

(Top Pick Dec 15/11, Up 23.61%) Continues to hold because Copper remains strong. One of the lowest cost producers out there.

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(Top Pick Dec 15/11, Up 23.61%) Continues to hold because Copper remains strong. One of the lowest cost producers out there.

COMMENT
COMMENT
November 2, 2012

Copper is in a trading band of roughly $3.25-$3.75. This company ranks 217 in his model, which is just in the top 3rd. He prefers gold and silver in the metals area.

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Copper is in a trading band of roughly $3.25-$3.75. This company ranks 217 in his model, which is just in the top 3rd. He prefers gold and silver in the metals area.

TOP PICK
TOP PICK
October 18, 2012

Will have resistance around the $24 range. Great risk/reward.

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Will have resistance around the $24 range. Great risk/reward.

TOP PICK
TOP PICK
October 9, 2012

Have quite a few operations in Africa as well as Australia. Zambia operations are doing extremely well and is one of the largest copper producers. Australian operation is a nickel project and sees their production doubling in the next little while. Low operating costs of $1.55 per pound so he can see the company doing well. Excellent management team.

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Have quite a few operations in Africa as well as Australia. Zambia operations are doing extremely well and is one of the largest copper producers. Australian operation is a nickel project and sees their production doubling in the next little while. Low operating costs of $1.55 per pound so he can see the company doing well. Excellent management team.

BUY WEAKNESS
BUY WEAKNESS
October 9, 2012

One of the best management teams in the material space. Brought on Ravenscourt, a nickel project in Australia and are getting 35,000 tons from that. Thinks it is ultimately going to be a takeover candidate at some point. If you can get it under $20 it is a scream.

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One of the best management teams in the material space. Brought on Ravenscourt, a nickel project in Australia and are getting 35,000 tons from that. Thinks it is ultimately going to be a takeover candidate at some point. If you can get it under $20 it is a scream.

PAST TOP PICK
PAST TOP PICK
August 16, 2012

(Top Pick Sep 30/11, Up 39.02%) Had a couple of tough quarters but fine now. Long term it is probably trading at a reasonable multiple. Is a high growth company and should be able to grow at 50% over the next 5 years.

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(Top Pick Sep 30/11, Up 39.02%) Had a couple of tough quarters but fine now. Long term it is probably trading at a reasonable multiple. Is a high growth company and should be able to grow at 50% over the next 5 years.

PAST TOP PICK
PAST TOP PICK
June 21, 2012
(Top Pick Dec 15/11, Up 8.61%) A good return for a copper producer. Would still add, since it is stakeout range. 50% growth profile.
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(Top Pick Dec 15/11, Up 8.61%) A good return for a copper producer. Would still add, since it is stakeout range. 50% growth profile.
DON'T BUY
DON'T BUY
June 15, 2012
Has it as an out perform. In copper and base metals, which is a sector he has a problem with – Chinese economy. Prefers pipelines and other sectors, especially TCK.B-T
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Has it as an out perform. In copper and base metals, which is a sector he has a problem with – Chinese economy. Prefers pipelines and other sectors, especially TCK.B-T
COMMENT
COMMENT
May 10, 2012
Not the cheapest metal stock out there and with Ravensthorpe, you’ve got more of a play on to the nickel side so you have to be a little bit more comfortable where it would traditionally be more of a player on copper. On a valuation basis it is relatively cheap and they have new projects coming on. Still have some political issues outstanding in the DRC and other places in Africa. He is not as bullish on nickel as he is on copper
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Not the cheapest metal stock out there and with Ravensthorpe, you’ve got more of a play on to the nickel side so you have to be a little bit more comfortable where it would traditionally be more of a player on copper. On a valuation basis it is relatively cheap and they have new projects coming on. Still have some political issues outstanding in the DRC and other places in Africa. He is not as bullish on nickel as he is on copper
BUY
Likes this company.
TOP PICK
TOP PICK
April 10, 2012
Proven mine developers. Their technical team went into a nickel project in Australia and proved they could bring it in on time and on budget. They're doing this with all their copper projects and in 5 years will triple copper production. Could be a takeout target. Ultimately worth $26-$27.
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Proven mine developers. Their technical team went into a nickel project in Australia and proved they could bring it in on time and on budget. They're doing this with all their copper projects and in 5 years will triple copper production. Could be a takeout target. Ultimately worth $26-$27.
DON'T BUY
DON'T BUY
April 9, 2012
Has a small short position in this one and lost some money because of takeover rumours. He doesn't like the base metals. Prefers gold and silver.
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Has a small short position in this one and lost some money because of takeover rumours. He doesn't like the base metals. Prefers gold and silver.
COMMENT
COMMENT
February 10, 2012
Doesn't follow this one but he does like uranium. One of the issues that a lot of people are not talking about is that there are a lot of nuclear plants being built in the developing world. It is the most efficient electrical energy that you can develop.
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Doesn't follow this one but he does like uranium. One of the issues that a lot of people are not talking about is that there are a lot of nuclear plants being built in the developing world. It is the most efficient electrical energy that you can develop.
DON'T BUY
DON'T BUY
February 6, 2012
Subject to speculation now and has a lot of political risks, particularly in the areas they are in, in Africa. Their focus now is on some of their nickel projects. He is not as bullish on nickel. Good name in the nickel space, but not his top pick right now.
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Subject to speculation now and has a lot of political risks, particularly in the areas they are in, in Africa. Their focus now is on some of their nickel projects. He is not as bullish on nickel. Good name in the nickel space, but not his top pick right now.
Showing 91 to 105 of 153 entries