About First Quantum Minerals Ltd. (FM)
First Quantum Minerals Ltd. is a Copper company operating in the Basic Materials sector. The company is headquartered in Vancouver, Canada. FM has been publicly traded since 2000, giving it 26+ years of trading history.
First Quantum Minerals Ltd. (FM) has been publicly traded since 2000, making it a 26-year-old public company. It operates in the Copper industry within the Basic Materials sector. The company is headquartered in Vancouver, Canada and employs approximately 15,661 people. With a market capitalization of C$27 billion, FM is a large established company.
FM trades on the Toronto Stock Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately C$27 billion. The company employs approximately 15,661 people worldwide.
Key Statistics
- Current Price
- C$32.43
- Market Cap
- C$26.86B
- 52-Week High
- C$45.17
- 52-Week Low
- C$14.41
- Sector
- Basic Materials
- Industry
- Copper
FM Investment Performance
FM has declined 11.9% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in FM would have grown to C$1,372, representing a 37.2% total return. Since its IPO in 2000, a C$1,000 investment would now be worth C$71,379.
C$1,000 Invested in First Quantum Minerals Ltd. (FM)
How much would C$1,000 invested in FM be worth today?
What would C$1,000 invested in FM 1 year ago be worth today?
A C$1,000 investment in First Quantum Minerals Ltd. (FM) in 2025 would be worth C$1,676 as of March 2026, representing a +67.6% total return.
What would C$1,000 invested in FM 3 years ago be worth today?
A C$1,000 investment in First Quantum Minerals Ltd. (FM) in 2023 would be worth C$1,050 as of March 2026, representing a +5.0% total return.
What would C$1,000 invested in FM 5 years ago be worth today?
A C$1,000 investment in First Quantum Minerals Ltd. (FM) in 2021 would be worth C$1,372 as of March 2026, representing a +37.2% total return.
What would C$1,000 invested in FM 10 years ago be worth today?
A C$1,000 investment in First Quantum Minerals Ltd. (FM) in 2016 would be worth C$4,830 as of March 2026, representing a +383.0% total return.
What would C$1,000 invested in FM at IPO be worth today?
A C$1,000 investment in First Quantum Minerals Ltd. (FM) at IPO would be worth C$71,379 as of March 2026, representing a +7037.9% total return.
Monthly Returns Heatmap
Over the past 25+ years (309 months), First Quantum Minerals Ltd. (FM) has averaged a monthly return of +2.78% with a median return of +2.47%. The stock had 174 positive months (56%) and 130 negative months (42%). The best month in FM's history was February 2016 with a +62.7% return, while the worst was October 2023 at -49.9%. Historically, February tends to be the strongest month (averaging +10.5%), and August the weakest (-2.2%).
FM's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 5 consecutive months of losses. The best full year was 2009 with a cumulative return of +175.0%, and the worst was 2008 at -125.8%.
Annual Returns
Over 26 years of trading history, First Quantum Minerals Ltd. (FM) has delivered an average annual return of +43.65% with a median return of +27.00%. The compound annual growth rate (CAGR) is +16.90%. The stock posted gains in 16 years (62%) and losses in 10 years (38%).
FM's best year was 2009 with a +356.26% gain, while the worst was 2008 at -79.09%. The longest streak of consecutive positive years was 6, and the longest losing streak was 3 years. FM achieved double-digit gains (10%+) in 16 years. It suffered double-digit losses in 7 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -11.87% | C$36.80 | C$32.43 |
| 2025 | +98.60% | C$18.53 | C$36.80 |
| 2024 | +70.78% | C$10.85 | C$18.53 |
| 2023 | -61.41% | C$28.12 | C$10.85 |
| 2022 | -5.96% | C$29.90 | C$28.12 |
| 2021 | +32.52% | C$22.56 | C$29.90 |
| 2020 | +73.68% | C$12.99 | C$22.56 |
| 2019 | +19.40% | C$10.88 | C$12.99 |
| 2018 | -37.27% | C$17.34 | C$10.88 |
| 2017 | +32.00% | C$13.14 | C$17.34 |
| 2016 | +158.24% | C$5.09 | C$13.14 |
| 2015 | -68.37% | C$16.09 | C$5.09 |
| 2014 | -13.17% | C$18.52 | C$16.09 |
| 2013 | -11.83% | C$21.01 | C$18.52 |
| 2012 | +10.24% | C$19.06 | C$21.01 |
| 2011 | -6.51% | C$20.38 | C$19.06 |
| 2010 | +35.87% | C$15.00 | C$20.38 |
| 2009 | +356.26% | C$3.29 | C$15.00 |
| 2008 | -79.09% | C$15.73 | C$3.29 |
| 2007 | +37.02% | C$11.48 | C$15.73 |
| 2006 | +69.59% | C$6.77 | C$11.48 |
| 2005 | +100.39% | C$3.38 | C$6.77 |
| 2004 | +32.55% | C$2.55 | C$3.38 |
| 2003 | +284.43% | C$0.66 | C$2.55 |
| 2002 | +22.00% | C$0.54 | C$0.66 |
| 2001 | -3.23% | C$0.56 | C$0.54 |
FM Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating First Quantum Minerals Ltd. as an investment
Valuation
The forward P/E ratio is 10.7. The price-to-book ratio stands at 1.7. The price-to-sales ratio is 5.1.
Dividends
First Quantum Minerals Ltd. does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.
Risk & Volatility
FM has a beta of 1.91, indicating it is significantly more volatile than the overall market. The stock's 52-week range is C$14.41 to C$45.17, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 22 analyst opinions, FM has a consensus "buy" rating. The average price target of C$43.65 suggests 34.6% upside from current levels.
Frequently Asked Questions: FM
What sector is FM in? ▼
FM operates in the Basic Materials sector, specifically in the Copper industry.
How has FM performed historically? ▼
Over 26 years of trading history, FM has posted gains in 16 years (62% of the time). The best year was 2009 with a +356.3% return. Past performance does not guarantee future results.
How can I invest in FM? ▼
You can invest in FM through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold FM.
Does FM pay dividends? ▼
First Quantum Minerals Ltd. does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.
What does First Quantum Minerals Ltd. do? ▼
First Quantum Minerals Ltd. is a Copper company operating in the Basic Materials sector. The company is headquartered in Vancouver, Canada.
What sector is FM in? ▼
FM operates in the Basic Materials sector, specifically in the Copper industry.
When did FM go public? ▼
First Quantum Minerals Ltd. went public in 2000, making it a 26-year-old public company as of 2026.
How much would C$1,000 invested in FM 5 years ago be worth today? ▼
A C$1,000 investment in FM five years ago would be worth approximately C$1,372 today, representing a 37.2% return.
How much would C$1,000 invested in FM 10 years ago be worth today? ▼
A C$1,000 investment in FM ten years ago would be worth approximately C$4,830 today, representing a 383.0% total return over the decade.
What is FM's 3-year return? ▼
Over the past 3 years, FM has returned 5.0%. A C$1,000 investment would have grown to C$1,050.
How much would C$1,000 invested in FM at IPO be worth today? ▼
If you invested C$1,000 in FM at its IPO in 2000, it would be worth approximately C$71,379 today, a 7,037.9% return over 26 years.
Does FM pay dividends? ▼
No, First Quantum Minerals Ltd. does not currently pay a dividend. The company reinvests its earnings into growth.
What is FM's market cap? ▼
First Quantum Minerals Ltd. has a market capitalization of C$27 billion, classifying it as a large-cap company.
Is FM a buy, hold, or sell? ▼
Based on 22 opinions, FM has a consensus "buy" rating. The average price target is C$43.65.
Last updated: 3/15/2026