Bullboard - Stock Discussion Forum First Quantum Minerals Ltd T.FM

Alternate Symbol(s): FQVLF

Metals & Mining Copper

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... see more

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TSX:FM - Post Discussion

First Quantum Minerals Ltd > FM screwed up for sure…..

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Post by Paray99 on Nov 29, 2023 4:58pm

FM screwed up for sure…..

The Panama mine got 3/4th of FM's total resources and therefore shutting down that mine means a lot for the company. Its investors will be heavily lost more. I can't see it recover to the previous levels... but probably see it trade at $2 - $3 levels in one month. Be very careful if planning to jump in at this low level $11+. There could be much drastic drop.

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