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First Quantum Minerals - FQVLF Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $30.75
  • Forecasted Upside: 36.86%
  • Number of Analysts: 12
  • Breakdown:
  • 2 Sell Ratings
  • 5 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$22.47 As of 10/2/2023 01:00 AM ET
▼ -1.17 (-4.95%)

This chart shows the closing price for FQVLF by one month, three months, or twelve months.

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Analyst Price Target for FQVLF

Analyst Price Target is $30.75
▲ +36.86% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for First Quantum Minerals in the last 3 months. The average price target is $30.75, with a high forecast of $38.00 and a low forecast of $11.00. The average price target represents a 36.86% upside from the last price of $22.47.

This chart shows the closing price for FQVLF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 12 contributing investment analysts is to hold stock in First Quantum Minerals. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
4/10/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
7/9/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
10/7/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
1/5/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
4/5/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
7/4/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
9/2/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
10/2/2023

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/7/2023BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
7/27/2023National Bank FinancialBoost TargetC$37.00 ➝ C$40.00
7/27/2023TD SecuritiesBoost TargetC$41.00 ➝ C$44.00
7/26/2023BMO Capital MarketsLower TargetC$36.00 ➝ C$35.00
7/26/2023CIBCBoost TargetC$29.00 ➝ C$34.00
7/13/2023Raymond JamesDowngradeOutperform ➝ Market Perform
7/10/2023Stifel NicolausLower TargetC$40.00 ➝ C$39.00
7/7/2023BarclaysLower TargetC$27.00 ➝ C$26.00
6/28/2023ScotiabankLower TargetC$41.00 ➝ C$40.00
5/18/2023Stifel NicolausInitiated CoverageBuy
4/27/2023National Bank FinancialUpgradeSector Perform ➝ Outperform
4/26/2023BMO Capital MarketsBoost TargetC$30.00 ➝ C$32.00
4/26/2023TD SecuritiesUpgradeHold ➝ Buy
4/21/2023BarclaysBoost TargetC$22.00 ➝ C$27.00
4/20/2023Raymond JamesLower TargetC$35.00 ➝ C$34.00
4/18/2023National Bank FinancialBoost TargetC$36.00 ➝ C$38.00
4/18/2023ScotiabankBoost TargetC$40.00 ➝ C$41.00
3/30/2023Morgan StanleyLower TargetC$25.00 ➝ C$22.00
3/27/2023BMO Capital MarketsBoost TargetC$22.00 ➝ C$23.00
3/27/2023ScotiabankBoost TargetC$38.00 ➝ C$40.00
3/14/2023ScotiabankBoost TargetC$33.00 ➝ C$38.00
3/9/2023TD SecuritiesBoost TargetC$31.00 ➝ C$34.00
3/9/2023Raymond JamesUpgradeMarket Perform ➝ Outperform
3/9/2023JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral
3/1/2023Deutsche Bank AktiengesellschaftBoost TargetC$33.00 ➝ C$35.00
2/28/2023CIBCLower TargetC$28.00 ➝ C$26.00
2/16/2023ScotiabankLower TargetC$35.00 ➝ C$33.00
2/13/2023National Bank FinancialBoost TargetC$28.00 ➝ C$29.00
2/7/2023Raymond JamesLower TargetC$34.00 ➝ C$30.00
2/7/2023ScotiabankLower TargetC$36.00 ➝ C$35.00
2/3/2023Morgan StanleyBoost TargetC$22.00 ➝ C$23.00
1/17/2023National Bank FinancialLower TargetC$30.00 ➝ C$28.00
1/17/2023BMO Capital MarketsLower TargetC$24.00 ➝ C$20.00
1/17/2023ScotiabankLower TargetC$39.00 ➝ C$36.00
1/17/2023TD SecuritiesLower TargetC$32.00 ➝ C$31.00
1/12/2023BarclaysDowngradeEqual Weight ➝ Underweight$23.00
1/11/2023CitigroupUpgradeSell ➝ Neutral
12/16/2022National Bank FinancialDowngradeOutperform ➝ Sector Perform
12/8/2022Morgan StanleyBoost TargetC$19.00 ➝ C$22.00
11/23/2022Deutsche Bank AktiengesellschaftBoost TargetC$28.00 ➝ C$36.00
11/23/2022Raymond JamesDowngradeOutperform ➝ Market Perform
11/11/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Underweight
10/27/2022National Bank FinancialLower TargetC$32.00 ➝ C$30.00
10/27/2022ScotiabankLower TargetC$33.00 ➝ C$30.00
10/27/2022TD SecuritiesDowngradeBuy ➝ Hold
10/27/2022RoweLower TargetBuy ➝ BuyC$35.00 ➝ C$31.00
10/18/2022Morgan StanleyDowngradeEqual Weight ➝ Underweight
10/13/2022National Bank FinancialLower TargetC$32.50 ➝ C$32.00
10/6/2022Exane BNP ParibasDowngradeOutperform ➝ NeutralC$26.00
10/6/2022BNP ParibasDowngradeOutperform ➝ Neutral
10/5/2022Deutsche Bank AktiengesellschaftLower TargetC$32.00 ➝ C$30.00
8/24/2022Raymond JamesBoost TargetC$32.00 ➝ C$34.00
7/28/2022Royal Bank of CanadaLower TargetC$42.00 ➝ C$33.00
7/28/2022ScotiabankLower TargetC$35.00 ➝ C$33.00
7/19/2022Stifel NicolausLower TargetC$43.00 ➝ C$39.00
7/19/2022National Bank FinancialLower TargetC$35.00 ➝ C$32.50
7/19/2022BarclaysUpgradeUnderweight ➝ Equal Weight
7/14/2022Canaccord Genuity GroupLower TargetBuy ➝ BuyC$44.00 ➝ C$34.00
7/13/2022Exane BNP ParibasUpgradeNeutral ➝ Outperform
7/13/2022CitigroupDowngradeBuy ➝ Sell
7/7/2022ScotiabankLower TargetC$50.00 ➝ C$35.00
6/23/2022Morgan StanleyLower TargetC$37.00 ➝ C$34.00
6/15/2022CIBCDowngradeOutperform ➝ Neutral
5/2/2022CIBCBoost TargetC$40.00 ➝ C$42.50
4/28/2022Royal Bank of CanadaLower TargetC$43.00 ➝ C$42.00
4/28/2022Canaccord Genuity GroupUpgradeBuy$44.00
4/27/2022TD SecuritiesLower TargetC$52.00 ➝ C$50.00
4/21/2022BarclaysBoost TargetC$23.00 ➝ C$27.00
4/20/2022Raymond JamesBoost TargetC$41.00 ➝ C$50.00
4/19/2022Canaccord Genuity GroupDowngradeBuy ➝ Hold
4/13/2022ScotiabankBoost TargetC$43.00 ➝ C$50.00
4/8/2022National Bank FinancialBoost TargetC$40.00 ➝ C$48.00
3/29/2022BMO Capital MarketsInitiated CoverageHold$37.00
3/24/2022Morgan StanleyDowngradeOverweight ➝ Hold$36.00
3/17/2022Stifel NicolausBoost TargetC$36.00 ➝ C$43.00
3/10/2022Deutsche Bank AktiengesellschaftBoost TargetC$38.00 ➝ C$40.00
3/9/2022Jefferies Financial GroupBoost TargetC$50.00 ➝ C$53.00
3/9/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral$42.00
2/17/2022Royal Bank of CanadaBoost TargetC$39.00 ➝ C$43.00
2/3/2022BarclaysDowngradeEqual Weight ➝ Underweight
1/26/2022Morgan StanleyLower TargetC$37.00 ➝ C$36.00
1/20/2022CIBCBoost TargetC$37.00 ➝ C$40.00
1/19/2022Canaccord Genuity GroupBoost TargetC$37.00 ➝ C$38.00
1/19/2022Royal Bank of CanadaLower TargetC$40.00 ➝ C$39.00
1/19/2022Jefferies Financial GroupBoost TargetC$40.00 ➝ C$45.00
1/19/2022Deutsche Bank AktiengesellschaftBoost Target$35.00 ➝ $38.00
1/18/2022Raymond JamesBoost TargetC$35.00 ➝ C$39.00
1/18/2022BMO Capital MarketsLower TargetC$33.00 ➝ C$32.00
1/18/2022ScotiabankBoost TargetC$43.00 ➝ C$44.00
1/12/2022National Bank FinancialBoost TargetC$37.00 ➝ C$40.00
12/14/2021Stifel NicolausBoost TargetBuy ➝ BuyC$32.00 ➝ C$36.00
12/13/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
11/23/2021Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy
11/3/2021ScotiabankBoost TargetOutperformC$35.00 ➝ C$37.00
11/1/2021BMO Capital MarketsBoost TargetMarket PerformC$32.00 ➝ C$32.50
10/27/2021TD SecuritiesLower TargetBuyC$40.00 ➝ C$39.00
10/13/2021Raymond JamesLower TargetOutperformC$38.00 ➝ C$35.00
10/12/2021ScotiabankLower TargetOutperformC$40.00 ➝ C$35.00
10/6/2021Jefferies Financial GroupReiterated RatingBuy$40.00
9/10/2021National BanksharesLower TargetOutperformC$37.50 ➝ C$36.50
9/10/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral$25.00
8/16/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral
7/29/2021National Bank FinancialLower TargetOutperformC$38.50 ➝ C$37.50
7/29/2021Royal Bank of CanadaBoost TargetOutperformC$36.00 ➝ C$37.00
7/28/2021Raymond JamesLower TargetOutperformC$40.00 ➝ C$38.00
7/12/2021ScotiabankBoost TargetC$34.00 ➝ C$40.00
6/22/2021Morgan StanleyBoost TargetOverweightC$28.00 ➝ C$30.00
6/9/2021Raymond JamesBoost TargetOutperformC$39.00 ➝ C$40.00
5/26/2021Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold
5/25/2021CIBCBoost TargetOutperformC$36.50 ➝ C$38.50
5/17/2021Jefferies Financial GroupBoost TargetBuyC$47.00 ➝ C$50.00
5/3/2021CIBCBoost TargetOutperform$35.00 ➝ $36.50
4/29/2021National Bank FinancialReiterated RatingOutperform
4/28/2021Jefferies Financial GroupBoost TargetBuy$45.00 ➝ $47.00
4/28/2021Stifel NicolausBoost TargetBuy$30.00 ➝ $32.00
4/12/2021ScotiabankBoost TargetOutperform$30.00 ➝ $34.00
4/6/2021Raymond JamesUpgradeMarket Perform ➝ Outperform
3/22/2021BMO Capital MarketsLower TargetMarket Perform$23.00 ➝ $21.00
3/1/2021CIBCBoost TargetOutperform$24.00 ➝ $35.00
2/18/2021National Bank FinancialReiterated RatingOutperform
2/18/2021ScotiabankBoost TargetOutperform$29.00 ➝ $30.00
2/17/2021TD SecuritiesBoost TargetBuy$31.00 ➝ $33.00
1/27/2021BMO Capital MarketsLower TargetMarket Perform$23.00 ➝ $21.00
1/27/2021ScotiabankLower TargetOutperform$30.00 ➝ $29.00
1/18/2021BMO Capital MarketsDowngradeOutperform ➝ Market Perform
1/15/2021Raymond JamesBoost TargetMarket Perform$19.00 ➝ $27.00
1/14/2021JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
1/11/2021ScotiabankBoost TargetOutperform$19.50 ➝ $30.00
1/5/2021TD SecuritiesBoost TargetBuy$26.00 ➝ $31.00
12/16/2020CIBCInitiated CoverageOutperform
12/15/2020BNP ParibasUpgradeNeutral ➝ Outperform
12/15/2020Exane BNP ParibasUpgradeNeutral ➝ Outperform
12/10/2020Morgan StanleyBoost TargetOverweight$18.00 ➝ $22.50
12/8/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy
11/12/2020ScotiabankBoost TargetOutperform$17.50 ➝ $19.50
11/11/2020The Goldman Sachs GroupInitiated CoverageNeutral
10/30/2020Royal Bank of CanadaBoost TargetOutperform$16.00 ➝ $17.00
10/29/2020TD SecuritiesBoost TargetBuy$19.00 ➝ $20.00
10/13/2020ScotiabankBoost TargetOutperform$15.00 ➝ $17.00
9/24/2020Morgan StanleyBoost TargetOverweight$13.00 ➝ $18.00
9/24/2020Raymond JamesBoost TargetMarket Perform$17.00 ➝ $18.00
9/16/2020Raymond JamesBoost TargetMarket Perform$16.00 ➝ $17.00
9/15/2020BMO Capital MarketsBoost TargetOutperform$14.25 ➝ $14.75
9/15/2020ScotiabankBoost TargetOutperform$14.00 ➝ $15.00
7/30/2020Royal Bank of CanadaBoost TargetOutperform$12.00 ➝ $14.00
7/30/2020ScotiabankBoost TargetOutperform$13.50 ➝ $14.00
7/20/2020BarclaysDowngradeOverweight ➝ Equal Weight
7/13/2020Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$16.00
7/8/2020Raymond JamesReiterated RatingHold
7/7/2020CitigroupBoost TargetBuy$11.00 ➝ $14.10
6/9/2020Morgan StanleyUpgradeBuy$12.20
6/9/2020TD SecuritiesUpgradeBuy$14.00
5/19/2020Royal Bank of CanadaReiterated RatingBuy$12.00
4/29/2020Raymond JamesDowngradeOutperform ➝ Market Perform
4/28/2020TD SecuritiesDowngradeBuy ➝ Hold$10.50
4/23/2020Raymond JamesReiterated RatingBuy$11.00
4/7/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$12.00
4/1/2020CIBCLower TargetOutperform$18.00 ➝ $10.00
3/27/2020CitigroupUpgradeBuy$11.00
3/20/2020TD SecuritiesDowngradeBuy
3/19/2020Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold
2/18/2020CIBCReiterated RatingBuy
1/23/2020CIBCReiterated RatingBuy$18.00
1/10/2020TD SecuritiesUpgradeBuy$16.50
12/17/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$15.00
12/11/2019BarclaysDowngradeOverweight ➝ Hold$14.00
11/20/2019BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
10/30/2019TD SecuritiesUpgradeHold ➝ Buy
10/21/2019BMO Capital MarketsSet TargetHold$13.00
10/17/2019Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy
10/15/2019BarclaysSet TargetBuy$17.00
9/26/2019BMO Capital MarketsDowngradeOutperform ➝ Market Perform
9/24/2019MacquarieUpgradeUnderperform ➝ Neutral
9/6/2019CIBCReiterated RatingBuy$14.00
7/31/2019TD SecuritiesDowngradeBuy ➝ Hold
6/19/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
6/11/2019BMO Capital MarketsReiterated RatingBuy
5/23/2019BMO Capital MarketsReiterated RatingBuy
5/23/2019TD SecuritiesDowngradeBuy
5/21/2019CitigroupDowngradeBuy ➝ Neutral
4/12/2019MacquarieDowngradeOutperform ➝ Underperform
4/9/2019Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold
4/8/2019Raymond JamesReiterated RatingBuy
4/5/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
3/26/2019Deutsche Bank AktiengesellschaftReiterated RatingBuy
2/11/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral
1/8/2019BMO Capital MarketsInitiated CoverageOutperform
11/19/2018JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
(Data available from 10/3/2018 forward)

News Sentiment Rating

0.04 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 3 very negative mentions
Mentions as of
3/7/2023
  • 3 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/6/2023
  • 0 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/6/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/5/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/5/2023
  • 4 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/4/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/3/2023
  • 1 very positive mentions
  • 5 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
10/3/2023

Current Sentiment

  • 1 very positive mentions
  • 5 positive mentions
  • 5 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

First Quantum Minerals logo
First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, silver, gold, and zinc ores, as well as produces acid. The company has operating mines located in Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, as well as a development project in Zambia. It is exploring the Taca Taca copper-gold-molybdenum project in Argentina, as well as the Haquira copper deposit in Peru. The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996. The company was incorporated in 1983 and is based in Vancouver, Canada.
Read More

Today's Range

Now: $22.47
Low: $21.61
High: $22.85

50 Day Range

MA: $25.82
Low: $22.47
High: $29.57

52 Week Range

Now: $22.47
Low: $16.35
High: $29.79

Volume

67,028 shs

Average Volume

141,150 shs

Market Capitalization

$15.58 billion

P/E Ratio

39.42

Dividend Yield

0.51%

Beta

2.03

Frequently Asked Questions

What sell-side analysts currently cover shares of First Quantum Minerals?

The following Wall Street analysts have issued reports on First Quantum Minerals in the last twelve months: Barclays PLC, BMO Capital Markets, BNP Paribas, CIBC, Citigroup Inc., Deutsche Bank Aktiengesellschaft, Exane BNP Paribas, JPMorgan Chase & Co., Morgan Stanley, National Bank Financial, Raymond James, Rowe, Scotiabank, Stifel Nicolaus, and TD Securities.
View the latest analyst ratings for FQVLF.

What is the current price target for First Quantum Minerals?

10 Wall Street analysts have set twelve-month price targets for First Quantum Minerals in the last year. Their average twelve-month price target is $30.75, suggesting a possible upside of 36.9%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting FQVLF will reach $38.00 in the next twelve months. National Bank Financial has the lowest price target set, forecasting a price of $11.00 for First Quantum Minerals in the next year.
View the latest price targets for FQVLF.

What is the current consensus analyst rating for First Quantum Minerals?

First Quantum Minerals currently has 2 sell ratings, 5 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FQVLF, but not buy more shares or sell existing shares.
View the latest ratings for FQVLF.

What other companies compete with First Quantum Minerals?

Other companies that are similar to First Quantum Minerals include South32, Cleveland-Cliffs, Atlas Copco, Lundin Mining and Impala Platinum. Learn More about companies similar to First Quantum Minerals.

How do I contact First Quantum Minerals' investor relations team?

First Quantum Minerals' physical mailing address is 543 Granville Street 14th Floor, Vancouver A1, V6C 1X8. The basic materials company's listed phone number is (416) 361-6400 and its investor relations email address is in[email protected]. The official website for First Quantum Minerals is www.first-quantum.com. Learn More about contacing First Quantum Minerals investor relations.