First Quantum Minera traded at $23.89 this Friday October 23rd, decreasing $0.42 or 1.73 percent since the previous trading session. Looking back, over the last four weeks, First Quantum Minera lost 24.66 percent. Over the last 12 months, its price rose by 10.09 percent. Looking ahead, we forecast First Quantum Minera to be priced at 23.35 by the end of this quarter and at 21.78 in one year, according to Trading Economics global macro models projections and analysts expectations.
First Quantum Minerals Ltd is a Canada-based company engaged in the production of copper, nickel, gold, zinc, silver and acid, and other related activities including exploration and development of mining properties. The Company’s operating mines are Ravensthorpe, Kansashi, Sentinel, Guelb Moghrein, Cayeli, Las Cruces and Pyhasalmi. The Company has operating mines located in Zambia, Finland, Turkey, Spain and Mauritania. The Company is developing the Cobre Panama copper project in Panama, exploring the Haquira copper deposit in Peru, the Taca Taca copper-gold-molybdenum deposit in Argentina and Trident.