First Quantum Minerals Ltd. (FM.TO)
| Previous close | 16.24 |
| Open | 16.34 |
| Bid | 18.28 x N/A |
| Ask | 18.29 x N/A |
| Day's range | 16.13 - 18.32 |
| 52-week range | 9.31 - 39.13 |
| Volume | |
| Avg. volume | 3,087,136 |
| Market cap | 15.229B |
| Beta (5Y monthly) | 2.01 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.21 (1.57%) |
| Ex-dividend date | 25 Aug 2023 |
| 1y target est | N/A |
- Reuters
CANADA STOCKS-TSX adds to weekly gain as investors favor inflation hedges
Canada's resource-heavy main stock index rose on Friday, adding to its weekly gain, as evidence of stubborn inflation in the United States increased the appeal of owning commodity-linked shares. The Toronto Stock Exchange's S&P/TSX composite index ended up 83.86 points, or 0.4%, at 21,969.24. "The market is clearly looking for inflation hedges and I think you've seen that with the move we've seen in commodities of late," said Mike Archibald, a portfolio manager at AGF Investments.
- Reuters
UPDATE 2-First Quantum could remove copper concentrate from Panama mine after election, CEO says
Canadian miner First Quantum Minerals believes it will be able to take the already mined 121,000 tonnes of copper concentrate out of its disputed mine in Panama after the national elections there in May, the company's chief executive said on Wednesday. Panama's current government ordered the closure of the Cobre Panama copper mine last year after public protests over environmental damage from mining in the country. Cobre Panama accounted for about 1% of the global copper output, and contributed about 40% to First Quantum's revenue last year.
- Reuters
First Quantum says probability of taking out copper from Panama mine only after election
Canadian miner First Quantum Minerals said on Wednesday the likelihood of taking out the 121,000 tonnes of copper from its disputed Cobre Panama mine can only happen after the Panama national election. First Quantum's Cobre Panama is under preservation and safe maintenance after the current Panama government ordered the closure of the copper mine last year. Panama goes to polls in May this year.
