FM CN

First Quantum Minerals Ltd

Industrial/Transportation


Presented:01/29/2018
Price:CA$18.50
Cap:$10.15B
Current Price:CA$17.47
Cap:$11.55B

Presented

Date01/29/2018
PriceCA$18.50
Market Cap$10.15B
Ent Value$13.89B
P/E RatioN/A
Book ValueCA$16.43
Div Yield0.05%
Shares O/S686.32M
Ave Daily Vol2,527,663
Short IntN/A

Current

PriceCA$17.47
Market Cap$11.55B
First Quantum Minerals Ltd. engages in the production of gold, copper, and nickel. It includes mineral exploration, development, and processing. The company was founded by Philip K.R. Pascall, Geoffrey Clive Newall, and Martin R. Rowley on December 21, 1983 and is headquartered in Vancouver, Canada.

Publicly traded companies mentioned herein: First Quantum Minerals Ltd (FM CN), Freeport-McMoran Inc (FCX)

Highlights

The presenter is long shares of First Quantum Minerals (FM CN), a copper mining company, seeing upside from its Cobre Panama project and a generally favorable view of copper pricing in coming years. He believes FM CN is the best-positioned copper play for long-term expansion and sees meaningful growth over the next two years.

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Idea Discussion

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