First Quantum Minerals Ltd (T:FM)
Business Focus: Copper Ore Mining
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
| Company Contact | |
| Address: | Suite 2600,, Three Bentall Centre, P.O. Box 49314 VANCOUVER BC V7X 1L3 |
| Tel: | 1-416-361 6400 |
| Website: | https://www.first-quantum.com |
| IR: | See website |
| Key People | ||
| Robert James Harding Chairman of the Board | Anthony Tristan Pascall Chief Executive Officer, Director | Ryan L. Macwilliam Chief Financial Officer |
| Rudi Badenhorst Chief Operating Officer | Juliet Wall General Manager - Finance | John Howard Gregory Group Consulting Mining Engineer |
| Zenon Wozniak Director - Projects | Sarah E. H. Robertson Corporate Secretary | |
| Business Overview |
| First Quantum Minerals Ltd. is a Canada-based global copper company. The Company produces copper in the form of concentrate, cathode and anode and has inventories of nickel, gold and cobalt. It is engaged in the production of copper, nickel, gold and silver, and related activities including exploration and development. The Company's operating mines include Cobre Panama, Kansanshi, Sentinel, Cobre Las Cruces, Cayeli, Guelb Moghrein, Ravensthorpe and Pyhasalmi. Its development projects include Enterprise, Haquira, Taca Taca and La Granja. Its operating segments include Cobre Panama, Kansanshi, Trident and Ravensthorpe. The Cobre Panama project comprises a series of copper porphyry deposits with main deposits, such as Balboa, Botija, Colina and Valle Grande. The Trident segment includes the Sentinel copper mine and the Enterprise Nickel development project. Its Ravensthorpe Nickel Operation is an open pit mine and primary processing plant located in the southwest of Western Australia. |
| Financial Overview |
| For the three months ended 31 March 2024, First Quantum Minerals Ltd revenues decreased 34% to $1.04B. Net loss totaled $159M vs. income of $75M. Revenues reflect Ravensthorpe segment decrease of 49% to $51M, Kansanshi Copper/Gold Project (KCP) segment decrease of 9% to $354M, Copper, Avg. Price per Met. Tonne, Total decrease of 5% to $7833 per metric ton, Copper Production (M Tons)-Cobre panama decrease from 65K to 0K metric tons. |
| Employees: | 16,190 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $24,272M as of Mar 31, 2024 |
| Annual revenue (TTM): | $8,120M as of Mar 31, 2024 |
| EBITDA (TTM): | $2,677M as of Mar 31, 2024 |
| Net annual income (TTM): | -$1,626M as of Mar 31, 2024 |
| Free cash flow (TTM): | $277.79M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $7,221M as of Mar 31, 2024 |
| Shares outstanding: | 833,531,000 as of Mar 31, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.