FQVLF (First Quantum Minerals) Reserves - Probable (K): 0.00 (As of Sep. 2019)

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FQVLF First Quantum Minerals Ltd FQVLF
73 GF Score
Price $26.08
GF Value $16.14
Valuation Significantly Overvalued
! 3 Warning Signs
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What is First Quantum Minerals Reserves - Probable (K)?

First Quantum Minerals FQVLF -1.95% 73 Reserves - Probable (K) is 0.00 as of Sep. 2019. GuruFocus rates FQVLF with a GF Score™ of 73/100 and a GF Value™ of $16.14 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

The historical rank and industry rank for First Quantum Minerals's Reserves - Probable (K) or its related term are showing as below:

FQVLF's Reserves - Probable (K) is not ranked *
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Probable (K) only.

First Quantum Minerals  (OTCPK:FQVLF) Reserves - Probable (K) Explanation

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.

First Quantum Minerals Reserves - Probable (K) Related Terms

First Quantum Minerals Reserves - Probable (K) Historical Data

* Premium members only.

The historical data trend for First Quantum Minerals's Reserves - Probable (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Quantum Minerals Reserves - Probable (K) Chart

First Quantum Minerals Annual Data
Trend Dec18
Reserves - Probable (K)
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Ounces Produced (K)
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Sales in Ounces (K)
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First Quantum MineralsQuarterly Data
Trend Dec18 Mar19 Jun19 Sep19
Reserves - Probable (K)
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Ounces Produced (K)
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Sales in Ounces (K)
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FQVLF vs SCCO, FCX: Reserves - Probable (K) Comparison

For the Copper subindustry, First Quantum Minerals's Reserves - Probable (K), along with its competitors' market caps and Reserves - Probable (K) 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.

FQVLF
73GF Score
First Quantum Minerals Ltd FQVLF
Reserves - Probable (K) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions
What does a Reserves - Probable (K) of 0.00 mean?
First Quantum Minerals (FQVLF) has a Reserves - Probable (K) of 0.00 as of Sep. 2019. Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling. View historical data on First Quantum Minerals and its competitors.
Is First Quantum Minerals' Reserves - Probable (K) too high?
First Quantum Minerals' current Reserves - Probable (K) is 0.00. Overall, First Quantum Minerals has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Quantum Minerals' Reserves - Probable (K) compare to SCCO and FCX?
First Quantum Minerals' Reserves - Probable (K) of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Reserves - Probable (K) for a Metals & Mining company?
A good Reserves - Probable (K) depends on the Metals & Mining industry context. However, Reserves - Probable (K) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Reserves - Probable (K) mean?
A high Reserves - Probable (K) can signal that a stock is expensive relative to its fundamentals. Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling. View historical data on First Quantum Minerals and its competitors. First Quantum Minerals's current Reserves - Probable (K) is 0.00. 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?
Based on GuruFocus' analysis, First Quantum Minerals (FQVLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.14, compared to a current price of $26.08 — trading 61.6% above its estimated fair value. The current Reserves - Probable (K) is 0.00. First Quantum Minerals' overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Reserves - Probable (K) calculated?
Reserves - Probable (K) is calculated from a company's financial statements. For First Quantum Minerals (FQVLF), the current Reserves - Probable (K) is 0.00 as of Sep. 2019. 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 (FQVLF) Overvalued in 2026?

Based on GuruFocus' analysis, First Quantum Minerals stock appears to be overvalued. The current stock price of $26.08 is trading 61.6% above its estimated GF Value™ of $16.14. GuruFocus considers First Quantum Minerals to be Significantly Overvalued.

Key valuation signals for FQVLF:

  • Reserves - Probable (K): 0.00
  • GF Value™: $16.14 vs. price of $26.08 (61.6% above fair value)
  • GF Score™: 73/100 with 3 warning signs

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

First Quantum Minerals Business Description

Other Exchanges IZ1:GermanyFM:Canada
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.
73GF Score

Get the complete analysis for FQVLF

Reserves - Probable (K) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.08
Price
$16.14
GF Value