RBC keeps CAD 52.00 target for First Quantum Minerals stock

Published on 10/15/2026 at 20:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due October 28, 2026. First Quantum Minerals stock costs EUR 23.58 on October 15, 2026, 0.98 percent above the Xetra close.

RBC target and reporting date

On October 7, RBC analyst Sam Crittenden kept a Buy rating and set a CAD 52.00 target.
First Quantum Minerals will publish third-quarter 2026 results on October 28, 2026.
First Quantum Minerals stock costs EUR 23.58 at Lang & Schwarz on October 15, 2026 at 8:49 p.m. CEST, 0.98 percent above the Xetra close of October 14, 2026 at EUR 23.35.
Market capitalization stood at CAD 31.3 billion, while the price-to-earnings ratio was negative 247.11.

First Quantum Minerals, CA3359341052, Illustration mit AI erstellt.

RBC Capital kept a Buy rating on First Quantum Minerals and set a CAD 52.00 price target on October 7, leaving the target 38.74 percent above the CAD 37.48 home-market price. According to Markets Insider, analyst Sam Crittenden maintained the rating and set the target on October 7. At Lang & Schwarz on October 15, 2026 at 8:49 p.m. CEST, First Quantum Minerals was trading at EUR 23.58, plus 0.98 percent versus the Xetra close of October 14, 2026.

Results date is October 28

First Quantum Minerals will release its third-quarter 2026 financial and operating results after the close of the Toronto Stock Exchange on October 28, 2026. The company will hold its results call on October 29, 2026 at 9:00 a.m. ET, according to its investor release.

Price sits within yearly range

The Canadian-listed stock was last quoted at CAD 37.48 on October 15, 2026 at 2:58 p.m. ET. Its 52-week range was CAD 27.06 to CAD 49.27, placing the price 23.97 percent below the high and 38.52 percent above the low. Trading volume was 991,394 shares against an average of 2,602,690 shares.

On September 30, 2026, First Quantum said Panama's ministerial commission had recommended negotiations over a possible framework for Cobre Panama. GlobeNewswire reported that any future framework would require the termination of pending international arbitrations.

Valuation and peer lines

First Quantum Minerals had a market capitalization of CAD 31.3 billion on October 15, 2026. Its price-to-earnings ratio was negative 247.11, while the trailing dividend yield was 0.00 percent and is omitted from the comparison because it does not represent a positive payout.

Comparison with peers

First Quantum Minerals: plus 0.98 percent, P/E negative 247.11, market capitalization CAD 31.3 billion
Freeport-McMoRan (NYSE, USD): plus 0.24 percent, P/E 34.14, market capitalization USD 100.1 billion
Southern Copper (NYSE, USD): plus 0.26 percent, P/E 29.46, market capitalization USD 169.9 billion

Trading view

The further course of trading is framed by the target distance, the October 28 reporting date and the gap between the current quotation and the upper end of the 52-week range.

After-hours trading at Lang & Schwarz put the stock at EUR 23.58 on October 15, 2026 at 8:49 p.m. CEST, 0.98 percent above the Xetra close of October 14, 2026 at EUR 23.35. The next scheduled company event is the third-quarter report on October 28, 2026. The further course of trading is shown by the continuously updated real-time quote of First Quantum Minerals stock.