| First Quantum Minerals reports 1Q loss | |
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Vancouver, British Columbia (AP) _ First Quantum Minerals Ltd. (T.FM) on Thursday reported a loss of $78 million (98.6 million CAD) in its first quarter.
The Vancouver, British Columbia-based company said it had a loss of 13 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The metal and minerals mining company posted revenue of $618 million (781.3 million CAD) in the period.
First Quantum Minerals shares have risen 12 percent since the beginning of the year. The stock has declined 12 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on T.FM at http://www.zacks.com/ap/T.FM
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Keywords: First Quantum Minerals, Earnings Report
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First Quantum Minerals Ltd.
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PRODUCER |
CODE : FM.TO |
ISIN : CA3359341052 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
First Quantum is a copper producing company based in Canada. First Quantum produces copper, cobalt and gold in Congo Dem. Rep. of, in Mauritania and in Zambia, develops cobalt, copper and nickel in Congo Dem. Rep. of and in Zambia, and holds various exploration projects in Congo Dem. Rep. of and in Peru. Its main assets in production are BWANA MKUBWA, KANSANSHI and MOPANI in Zambia, FRONTIER and KOLWEZI in Congo Dem. Rep. of and GUELB MOGHREIN in Mauritania, its main assets in development are KOLWESI MUSONOI in Congo Dem. Rep. of and KALUMBILA in Zambia and its main exploration properties are KEVITSA and KEVISTA in Finland, HAQUIRA EAST and CRISTO DE LOS ANDES in Peru and KIPUSHI in Congo Dem. Rep. of. First Quantum is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is CA$ 12.0 billions as of today (US$ 8.8 billions, € 7.9 billions). Its stock quote reached its lowest recent point on November 02, 2001 at CA$ 0.38, and its highest recent level on September 18, 2024 at CA$ 17.36. First Quantum has 689 369 984 shares outstanding. |