First Quantum Minerals Stock Buy Hold or Sell Recommendation
| FM Stock | CAD 21.03 0.69 3.39% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding First Quantum Minerals is 'Strong Buy'. The recommendation algorithm takes into account all of First Quantum's available fundamental, technical, and predictive indicators you will find on this site.
Check out First Quantum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as First and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards First Quantum Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
First |
Execute First Quantum Buy or Sell Advice
The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Quantum Minerals. Macroaxis does not own or have any residual interests in First Quantum Minerals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Quantum's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Modest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
First Quantum Trading Alerts and Improvement Suggestions
| First Quantum had very high historical volatility over the last 90 days | |
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Raymond James Issues Positive Forecast for TSEFM Earnings - Defense World |
First Quantum Returns Distribution Density
The distribution of First Quantum's historical returns is an attempt to chart the uncertainty of First Quantum's future price movements. The chart of the probability distribution of First Quantum daily returns describes the distribution of returns around its average expected value. We use First Quantum Minerals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Quantum returns is essential to provide solid investment advice for First Quantum.
| Mean Return | 0.11 | Value At Risk | -4.9 | Potential Upside | 6.79 | Standard Deviation | 3.82 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Quantum historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
First Quantum Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 391M | 945M | (171M) | (729M) | (144M) | (136.8M) | |
| Free Cash Flow | 1.0B | 1.9B | 1.2B | 127M | 365M | 383.3M | |
| Capital Expenditures | 610M | 995M | 1.2B | 1.3B | 1.3B | 916.9M | |
| Net Income | (224M) | 1.1B | 1.1B | (1.2B) | 2M | 1.9M | |
| End Period Cash Flow | 914M | 1.9B | 1.7B | 959M | 812M | 545.2M | |
| Depreciation | 1.2B | 1.2B | 1.2B | 1.1B | 633M | 523.4M | |
| Other Non Cash Items | 616M | (221M) | (388M) | 683M | 997M | 1.0B | |
| Change To Inventory | (2M) | (24M) | (144M) | (147M) | (5M) | (5.3M) | |
| Investments | (673M) | (100M) | (1.2B) | (1.4B) | (1.3B) | (1.4B) | |
| Net Borrowings | 940M | 117M | (518M) | (588M) | (529.2M) | (502.7M) | |
| Change To Netincome | 358M | 786M | 919M | 270M | 310.5M | 555.2M |
First Quantum Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Quantum or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Quantum's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 0.96 | |
σ | Overall volatility | 3.87 | |
Ir | Information ratio | 0.05 |
First Quantum Volatility Alert
First Quantum Minerals shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Quantum's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Quantum's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.First Quantum Fundamentals Vs Peers
Comparing First Quantum's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Quantum's direct or indirect competition across all of the common fundamentals between First Quantum and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Quantum or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of First Quantum's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Quantum by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare First Quantum to competition |
| Fundamentals | First Quantum | Peer Average |
| Return On Equity | -0.0095 | -0.31 |
| Return On Asset | 0.025 | -0.14 |
| Profit Margin | 0.0004 % | (1.27) % |
| Operating Margin | 0.27 % | (5.51) % |
| Current Valuation | 24.91 B | 16.62 B |
| Shares Outstanding | 834.21 M | 571.82 M |
| Shares Owned By Insiders | 19.22 % | 10.09 % |
| Shares Owned By Institutions | 51.64 % | 39.21 % |
| Number Of Shares Shorted | 10.22 M | 4.71 M |
| Price To Earning | 32.92 X | 28.72 X |
| Price To Book | 1.02 X | 9.51 X |
| Price To Sales | 3.65 X | 11.42 X |
| Revenue | 4.8 B | 9.43 B |
| Gross Profit | 1.35 B | 27.38 B |
| EBITDA | 1.62 B | 3.9 B |
| Net Income | 2 M | 570.98 M |
| Cash And Equivalents | 1.69 B | 2.7 B |
| Cash Per Share | 1.37 X | 5.01 X |
| Total Debt | 529 M | 5.32 B |
| Debt To Equity | 0.96 % | 48.70 % |
| Current Ratio | 1.03 X | 2.16 X |
| Book Value Per Share | 13.85 X | 1.93 K |
| Cash Flow From Operations | 1.65 B | 971.22 M |
| Short Ratio | 4.81 X | 4.00 X |
| Price To Earnings To Growth | (9.80) X | 4.89 X |
| Target Price | 21.25 | |
| Beta | 1.73 | -0.15 |
| Market Capitalization | 17.54 B | 19.03 B |
| Total Asset | 24.11 B | 29.47 B |
| Retained Earnings | 4.88 B | 9.33 B |
| Working Capital | 1.67 B | 1.48 B |
| Current Asset | 2.16 B | 9.34 B |
| Current Liabilities | 1.09 B | 7.9 B |
First Quantum Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as First . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About First Quantum Buy or Sell Advice
When is the right time to buy or sell First Quantum Minerals? Buying financial instruments such as First Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having First Quantum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials Theme or any other thematic opportunities.
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Other Information on Investing in First Stock
First Quantum financial ratios help investors to determine whether First Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Quantum security.