First Quantum Minerals Stock Net Income
| FM Stock | CAD 40.95 0.71 1.76% |
As of the 25th of February, First Quantum shows the Mean Deviation of 2.11, downside deviation of 3.21, and Coefficient Of Variation of 527.92. First Quantum Minerals technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
First Quantum Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 5.004 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Loss | -65 M | -61.8 M | |
| Net Loss | -65 M | -61.8 M | |
| Net Loss | -28 M | -26.6 M | |
| Net Loss | (0.03) | (0.03) | |
| Net Loss | (0.06) | (0.06) |
First | Net Income |
Evaluating First Quantum's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into First Quantum Minerals's fundamental strength.
Latest First Quantum's Net Income Growth Pattern
Below is the plot of the Net Income of First Quantum Minerals over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in First Quantum Minerals financial statement analysis. It represents the amount of money remaining after all of First Quantum Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is First Quantum's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Quantum's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (65 M) | 10 Years Trend |
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Net Income |
| Timeline |
First Net Income Regression Statistics
| Arithmetic Mean | 223,383,187 | |
| Coefficient Of Variation | 290.40 | |
| Mean Deviation | 510,437,375 | |
| Median | (4,285,815) | |
| Standard Deviation | 648,709,521 | |
| Sample Variance | 420824T | |
| Range | 2.7B | |
| R-Value | (0.32) | |
| Mean Square Error | 401677.8T | |
| R-Squared | 0.11 | |
| Significance | 0.20 | |
| Slope | (41,657,386) | |
| Total Sum of Squares | 6733184.7T |
First Net Income History
First Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for First Quantum is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Net Income. Since First Quantum's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Quantum's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Quantum's interrelated accounts and indicators.
Click cells to compare fundamentals
First Quantum 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Quantum's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Quantum.
| 11/27/2025 |
| 02/25/2026 |
If you would invest 0.00 in First Quantum on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding First Quantum Minerals or generate 0.0% return on investment in First Quantum over 90 days. First Quantum is related to or competes with First Majestic, Ivanhoe Energy, Urz Energy, and Infinico Metals. First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties More
First Quantum Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Quantum's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Quantum Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.21 | |||
| Information Ratio | 0.1511 | |||
| Maximum Drawdown | 13.78 | |||
| Value At Risk | (5.30) | |||
| Potential Upside | 5.04 |
First Quantum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Quantum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Quantum's standard deviation. In reality, there are many statistical measures that can use First Quantum historical prices to predict the future First Quantum's volatility.| Risk Adjusted Performance | 0.1532 | |||
| Jensen Alpha | 0.4991 | |||
| Total Risk Alpha | 0.1634 | |||
| Sortino Ratio | 0.134 | |||
| Treynor Ratio | 1.76 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Quantum's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Quantum February 25, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1532 | |||
| Market Risk Adjusted Performance | 1.77 | |||
| Mean Deviation | 2.11 | |||
| Semi Deviation | 2.54 | |||
| Downside Deviation | 3.21 | |||
| Coefficient Of Variation | 527.92 | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.09 | |||
| Information Ratio | 0.1511 | |||
| Jensen Alpha | 0.4991 | |||
| Total Risk Alpha | 0.1634 | |||
| Sortino Ratio | 0.134 | |||
| Treynor Ratio | 1.76 | |||
| Maximum Drawdown | 13.78 | |||
| Value At Risk | (5.30) | |||
| Potential Upside | 5.04 | |||
| Downside Variance | 10.28 | |||
| Semi Variance | 6.43 | |||
| Expected Short fall | (2.17) | |||
| Skewness | (0.67) | |||
| Kurtosis | 1.07 |
First Quantum Minerals Backtested Returns
First Quantum appears to be very steady, given 3 months investment horizon. First Quantum Minerals secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18 % return per unit of risk over the last 3 months. By reviewing First Quantum's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize First Quantum's Coefficient Of Variation of 527.92, downside deviation of 3.21, and Mean Deviation of 2.11 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Quantum holds a performance score of 14. The firm shows a Beta (market volatility) of 0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, First Quantum's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Quantum is expected to be smaller as well. Please check First Quantum's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether First Quantum's price patterns will revert.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
First Quantum Minerals has almost perfect reverse predictability. Overlapping area represents the amount of predictability between First Quantum time series from 27th of November 2025 to 11th of January 2026 and 11th of January 2026 to 25th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Quantum Minerals price movement. The serial correlation of -0.8 indicates that around 80.0% of current First Quantum price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 4.22 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
First Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, First Quantum Minerals reported net income of (65 Million). This is much higher than that of the Metals & Mining sector and 118.08% lower than that of the Materials industry. The net income for all Canada stocks is 111.38% higher than that of the company.
First Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Quantum's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Quantum could also be used in its relative valuation, which is a method of valuing First Quantum by comparing valuation metrics of similar companies.First Quantum is currently under evaluation in net income category among its peers.
First Quantum Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Quantum from analyzing First Quantum's financial statements. These drivers represent accounts that assess First Quantum's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Quantum's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 16.5B | 14.4B | 5.7B | 10.7B | 22.3B | 23.4B | |
| Enterprise Value | 22.5B | 20.1B | 12.1B | 16.2B | 27.5B | 28.9B |
First Quantum ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Quantum's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Quantum's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
First Fundamentals
| Return On Equity | -0.0056 | ||||
| Return On Asset | 0.0252 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 34.59 B | ||||
| Shares Outstanding | 828.19 M | ||||
| Shares Owned By Insiders | 18.52 % | ||||
| Shares Owned By Institutions | 51.71 % | ||||
| Number Of Shares Shorted | 7.7 M | ||||
| Price To Earning | 32.92 X | ||||
| Price To Book | 1.70 X | ||||
| Price To Sales | 6.06 X | ||||
| Revenue | 5.24 B | ||||
| Gross Profit | 1.46 B | ||||
| EBITDA | 1.78 B | ||||
| Net Income | (65 M) | ||||
| Cash And Equivalents | 716 M | ||||
| Cash Per Share | 1.37 X | ||||
| Total Debt | 5.91 B | ||||
| Debt To Equity | 0.96 % | ||||
| Current Ratio | 1.03 X | ||||
| Book Value Per Share | 18.40 X | ||||
| Cash Flow From Operations | 1.62 B | ||||
| Short Ratio | 2.55 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Price To Earnings To Growth | (9.80) X | ||||
| Target Price | 43.42 | ||||
| Number Of Employees | 15.66 K | ||||
| Beta | 1.92 | ||||
| Market Capitalization | 31.73 B | ||||
| Total Asset | 25.24 B | ||||
| Retained Earnings | 4.88 B | ||||
| Working Capital | 1.15 B | ||||
| Current Asset | 2.16 B | ||||
| Current Liabilities | 1.09 B | ||||
| Five Year Return | 0.25 % | ||||
| Net Asset | 25.24 B |
About First Quantum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Quantum Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Quantum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Quantum Minerals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with First Quantum
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Quantum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Quantum will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.77 | AG | First Majestic Silver | PairCorr |
| 0.9 | IE | Ivanhoe Energy Earnings Call Tomorrow | PairCorr |
| 0.79 | ORE | Orezone Gold Corp | PairCorr |
| 0.7 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to First Quantum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Quantum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Quantum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Quantum Minerals to buy it.
The correlation of First Quantum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Quantum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Quantum Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Quantum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in First Stock
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.