- Minera Panamá S.A., a division of First Quantum Minerals, receives government approval for environmental and site management initiatives.
- Analysts set a one-year price target of $16.96 for First Quantum Minerals, suggesting a potential upside of 14.57%.
- GuruFocus estimates a GF Value of $11.29 for First Quantum Minerals, indicating a possible downside of 23.72%.
Minera Panamá S.A., a key subsidiary of First Quantum Minerals (FQVLF, Financial), has recently secured governmental approval for its innovative Preservation and Safe Management initiative at the Cobre Panamá mine. This strategic move focuses on elevating site management and implementing robust environmental measures, made possible through the export of 121,000 dry metric tonnes of copper concentrate.
Wall Street Analysts Forecast
According to projections from a group of one analyst, First Quantum Minerals Ltd (FQVLF, Financial) is anticipated to achieve an average price target of $16.96 within the next year. The forecasts include a high and low estimate, both set at $16.96. This average target signals a potential upside of 14.57% compared to the current market price of $14.80. For more in-depth analysis and estimates, visit the First Quantum Minerals Ltd (FQVLF) Forecast page.
The consensus recommendation from a single brokerage firm for First Quantum Minerals Ltd (FQVLF, Financial) currently stands at 1.0, representing a "Buy" rating. This rating uses a scale from 1 to 5, where 1 denotes a Strong Buy, and 5 represents a Sell recommendation.
GuruFocus GF Value Estimation
The GF Value projected by GuruFocus for First Quantum Minerals Ltd (FQVLF, Financial) in the coming year is estimated at $11.29. This figure implies a potential downside of 23.72% from the stock’s current price of $14.8002. The GF Value is GuruFocus’ calculation of the stock's fair trading value, derived from the stock's historical multiples, along with its past business growth and future performance estimates. Further detailed data is available on the First Quantum Minerals Ltd (FQVLF) Summary page.
