First Quantum Minerals (LTS:0P6E) Moat Score: 5/10 (As of Jul. 16, 2026)

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LTS:0P6E First Quantum Minerals Ltd LTS:0P6E
76 GF Score
Price €15.98
GF Value €9.42
! 3 Warning Signs
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What is First Quantum Minerals Moat Score?

First Quantum Minerals LTS:0P6E 76 Moat Score is 5 as of Jul. 16, 2026. GuruFocus rates LTS:0P6E with a GF Score™ of 76/100 and a GF Value™ of €9.42. The stock has 3 warning signs investors should review. Among 2,611 Metals & Mining companies, First Quantum Minerals ranks better than 98.74% on this metric.

First Quantum Minerals has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

First Quantum Minerals has Narrow Moat: First Quantum Minerals Ltd has a solid narrow moat due to its economies of scale and established mining operations. While it benefits from some cost advantages, the cyclical nature of the mining industry and commodity price volatility limit its ability to achieve a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes First Quantum Minerals might have Narrow Moat - Solid narrow moat.

First Quantum Minerals  (LTS:0P6E) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

First Quantum Minerals Moat Score Related Terms

LTS:0P6E vs SCCO, FCX: Moat Score Comparison

For the Copper subindustry, First Quantum Minerals's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Quantum Minerals Moat Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Quantum Minerals's Moat Score distribution charts can be found below:

* The bar in red indicates where First Quantum Minerals's Moat Score falls into.


LTS:0P6E
76GF Score
First Quantum Minerals Ltd LTS:0P6E
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
First Quantum Minerals (LTS:0P6E) has a Moat Score of 5 as of Jul. 16, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, First Quantum Minerals ranks #33 out of 2611 companies in the Metals & Mining industry, placing it in the top 1.3%.
Is First Quantum Minerals' Moat Score too high?
First Quantum Minerals' current Moat Score is 5. The Metals & Mining industry median Moat Score is 1.00. First Quantum Minerals' value of 5 is 400% above this industry median. Based on the distribution chart, First Quantum Minerals ranks #33 out of 2611 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, First Quantum Minerals has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does First Quantum Minerals' Moat Score compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, First Quantum Minerals ranks #33 out of 2611 companies for Moat Score. This places First Quantum Minerals in the top 1% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. First Quantum Minerals' value of 5 is 400% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Metals & Mining company?
The median Moat Score among Metals & Mining companies is 1.00, based on 2,611 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Quantum Minerals's current Moat Score of 5 is 400% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Metals & Mining industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Quantum Minerals's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Quantum Minerals stock overvalued right now?
First Quantum Minerals (LTS:0P6E) has a current Moat Score of 5. The stock's GF Value™ is €9.42, compared to a current price of €15.98 — trading 69.6% above its estimated fair value. The current Moat Score is 5 and 400% above the Metals & Mining industry median of 1.00. First Quantum Minerals' overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For First Quantum Minerals (LTS:0P6E), the current Moat Score is 5 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Quantum Minerals (LTS:0P6E) Overvalued in 2026?

Based on GuruFocus' analysis, First Quantum Minerals stock appears to be overvalued. The current stock price of €15.98 is trading 69.6% above its estimated GF Value™ of €9.42.

Key valuation signals for LTS:0P6E:

  • Moat Score: 5
  • GF Value™: €9.42 vs. price of €15.98 (69.6% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 400% above the Metals & Mining median (#33 of 2611)

No single metric tells the full story. See the LTS:0P6E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Quantum Minerals Business Description

Address 330 Bay Street, Suite 1101, Toronto, ON, CAN, M5H 2S8
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. The company's reportable operating segments are Cobre Panama, Kansanshi, and Trident.
76GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.98
Price
€9.42
GF Value