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First Quantum Minerals Ltd T.FM

Alternate Symbol(s):  FQVLF

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.


TSX:FM - Post by User

Bullboard Posts
Comment by gloxinia123on May 02, 2012 7:46pm
255 Views
Post# 19864056

RE: Impressive earnings!

RE: Impressive earnings!

Haven't had time to read the whole release, but got this synopsis from the Globe and Mail:

"The miner said the profit amounted to $2.82 per share, up from a profit of $206.7-million, or 48 cents per share, a year ago."

Ordinarily, I'd say these are blowout numbers but this stock is under-owned and under-followed so I don't know if we will get the sizeable gap up in the morning that FM deserves. I'm still hoping that the takeout rumour is more than just a rumour.

 

 

 

Bullboard Posts