▲ +9.70% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for First Quantum Minerals in the last 3 months. The average price target is $20.30, with a high forecast of $31.00 and a low forecast of $10.00. The average price target represents a 9.70% upside from the last price of $18.51.
The current consensus among 16 contributing investment analysts is to buy stock in First Quantum Minerals. This rating has held steady since April 2020, when it changed from a Hold consensus rating.
First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, gold, and zinc ores, as well as produces acid. The company operates mines, including the Ravensthorpe nickel and cobalt mine in Australia; the Kansanshi copper-gold mine and copper smelter in Zambia; the Sentinel copper operation in North Western Province of Zambia; the Guelb Moghrein copper-gold mine in Mauritania; the Ãayeli copper-zinc mine in Turkey; the Las Cruces copper mine in Spain; and the PyhÃ¤salmi copper, pyrite, zinc mine in Finland. It also has interests in copper, gold, molybdenum, and silver projects at various stages of development located in Panama, Argentina, Peru, and Zambia. The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996. First Quantum Minerals Ltd. was incorporated in 1983 and is headquartered in Toronto, Canada.