As of 2026-07-06, the Relative Valuation of First Quantum Minerals Ltd (FM.TO) is 7.48 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 39.80 CAD, the upside of First Quantum Minerals Ltd based on Relative Valuation is -81.2%.
The range of the Relative Valuation is (3.61) - 21.28 CAD.
| Range | Selected | |
| Trailing P/E multiples | 10.6x - 17.1x | 12.6x |
| Forward P/E multiples | 16.0x - 20.9x | 19.0x |
| Fair Price | (3.61) - 21.28 | 7.48 |
| Upside | -109.1% - -46.5% | -81.2% |
| Date | P/E |
| 2026-07-03 | -116.33 |
| 2026-07-02 | -115.02 |
| 2026-06-30 | -113.24 |
| 2026-06-29 | -108.53 |
| 2026-06-26 | -109.03 |
| 2026-06-25 | -109.44 |
| 2026-06-24 | -107.42 |
| 2026-06-23 | -114.08 |
| 2026-06-22 | -122.59 |
| 2026-06-19 | -125.72 |
| 2026-06-18 | -126.59 |
| 2026-06-17 | -129.72 |
| 2026-06-16 | -131.88 |
| 2026-06-15 | -133.52 |
| 2026-06-12 | -126.83 |
| 2026-06-11 | -123.41 |
| 2026-06-10 | -116.10 |
| 2026-06-09 | -118.64 |
| 2026-06-08 | -118.35 |
| 2026-06-05 | -116.98 |
| 2026-06-04 | -133.75 |
| 2026-06-03 | -132.41 |
| 2026-06-02 | -134.84 |
| 2026-06-01 | -127.21 |
| 2026-05-29 | -124.05 |
| 2026-05-28 | -121.27 |
| 2026-05-27 | -116.07 |
| 2026-05-26 | -114.23 |
| 2026-05-25 | -116.33 |
| 2026-05-22 | -107.36 |
| 2026-05-21 | -106.02 |
| 2026-05-20 | -103.94 |
| 2026-05-19 | -99.38 |
| 2026-05-15 | -101.84 |
| 2026-05-14 | -108.15 |
| 2026-05-13 | -108.79 |
| 2026-05-12 | -105.23 |
| 2026-05-11 | -102.01 |
| 2026-05-08 | -102.30 |
| 2026-05-07 | -96.52 |
| 2026-05-06 | -97.19 |
| 2026-05-05 | -92.19 |
| 2026-05-04 | -90.73 |
| 2026-05-01 | -94.53 |
| 2026-04-30 | -97.22 |
| 2026-04-29 | -94.88 |
| 2026-04-28 | -100.23 |
| 2026-04-27 | -104.99 |
| 2026-04-24 | -104.79 |
| 2026-04-23 | -109.38 |