First Quantum Minerals: Stocks Analysts Recently Downgraded on TSX (FM)
First Quantum Minerals Ltd is among the group of Toronto Stock Exchange stocks recently downgraded by analysts. This means each stock on this list has seen its averge consensus value drop in the last week so at least one analyst has downgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included in this list when its mean rating decreases from the previous week. Stocks in this category are generally sold to preserve capital.
Companies can get downgraded for a number of reasons - but primarily due to reduced future earnings potential due to loss of contracts, new faltering product lines or increasing costs relative to revenue or financial risk.
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| FM | First Quantum Minerals Ltd | 0 | 1 | 5 | 0 | 0 | 0 | 3.1667 | 3.5556 | Hold |
| ERF | Enerplus Corp | 3 | 2 | 1 | 0 | 3 | 0 | 3.2222 | 4.6 | Hold |
| CIX | CI Financial Corp | 1 | 0 | 4 | 0 | 0 | 0 | 3.4 | 3.5 | Hold |
| SSRM | SSR Mining Inc | 1 | 1 | 6 | 0 | 0 | 0 | 3.375 | 3.625 | Hold |
| KSI | kneat.com Inc | 1 | 4 | 0 | 0 | 0 | 0 | 4.2 | 4.25 | Outperform |
All data provided as of February 22, 2024.
More about First Quantum Minerals Ltd
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia and Mauritania.
First Quantum Minerals Ltd is listed under FM on the Toronto Stock Exchange.
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