You can exercise fundamental analysis to find out if First Quantum Minerals is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate and analyze data for thirty-seven available fundamental indicators for First Quantum Minerals, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of First Quantum to be traded at C$17.28 in 90 days. Key indicators impacting First Quantum's financial strength include:
Understanding current and past First Quantum Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Quantum's financial statements are interrelated, with each one affecting the others. For example, an increase in First Quantum's assets may result in an increase in income on the income statement.
First Quantum competes with Lundin Mining, HudBay Minerals, Teck Resources, Ivanhoe Mines, and Agnico Eagle. First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties. First Quantum Minerals Ltd. was incorporated in 1983 and is headquartered in Toronto, Canada. FIRST QUANTUM operates under Copper classification in Canada and is traded on Toronto Stock Exchange. It employs 20000 people.
You should never invest in First Quantum without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of First Stock, because this is throwing your money away. Analyzing the key information contained in First Quantum's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
First Quantum Key Financial Ratios
First Quantum's financial ratios allow both analysts and investors to convert raw data from First Quantum's financial statements into concise, actionable information that can be used to evaluate the performance of First Quantum over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining First Quantum's current stock value. Our valuation model uses many indicators to compare First Quantum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Quantum competition to find correlations between indicators driving First Quantum's intrinsic value. More Info.
First Quantum Minerals is rated below average in return on equity category among its peers. It is rated # 5 in return on asset category among its peers . At this time, First Quantum's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value First Quantum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Quantum's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
First Quantum Minerals Systematic Risk
First Quantum's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Quantum volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on First Quantum Minerals correlated with the market. If Beta is less than 0 First Quantum generally moves in the opposite direction as compared to the market. If First Quantum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Quantum Minerals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Quantum is generally in the same direction as the market. If Beta > 1 First Quantum moves generally in the same direction as, but more than the movement of the benchmark.
First Quantum Minerals Total Assets Over Time
Today, most investors in First Quantum Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Quantum's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Quantum growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of First Quantum help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Quantum Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Quantum Minerals based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Quantum's daily price indicators and compare them against related drivers.
First Quantum financial ratios help investors to determine whether First Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Quantum security.