As of 2026-01-07, the Relative Valuation of First Quantum Minerals Ltd (FM.TO) is 7.19 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 39.54 CAD, the upside of First Quantum Minerals Ltd based on Relative Valuation is -81.8%.
The range of the Relative Valuation is 1.67 - 14.32 CAD.
| Range | Selected | |
| Trailing P/E multiples | 22.0x - 24.8x | 23.0x |
| Forward P/E multiples | 19.2x - 24.7x | 21.8x |
| Fair Price | 1.67 - 14.32 | 7.19 |
| Upside | -95.8% - -63.8% | -81.8% |
| Date | P/E |
| 2026-01-05 | 717.06 |
| 2026-01-02 | 676.25 |
| 2025-12-31 | 667.37 |
| 2025-12-30 | 663.92 |
| 2025-12-29 | 661.75 |
| 2025-12-24 | 660.48 |
| 2025-12-23 | 670.09 |
| 2025-12-22 | 654.49 |
| 2025-12-19 | 637.81 |
| 2025-12-18 | 620.76 |
| 2025-12-17 | 613.87 |
| 2025-12-16 | 615.32 |
| 2025-12-15 | 614.41 |
| 2025-12-12 | 603.17 |
| 2025-12-11 | 613.51 |
| 2025-12-10 | 601.72 |
| 2025-12-09 | 584.85 |
| 2025-12-08 | 593.01 |
| 2025-12-05 | 604.08 |
| 2025-12-04 | 599.00 |
| 2025-12-03 | 601.36 |
| 2025-12-02 | 571.80 |
| 2025-12-01 | 573.07 |
| 2025-11-28 | 577.42 |
| 2025-11-27 | 552.21 |
| 2025-11-26 | 541.87 |
| 2025-11-25 | 534.98 |
| 2025-11-24 | 532.26 |
| 2025-11-21 | 519.21 |
| 2025-11-20 | 504.33 |
| 2025-11-19 | 525.55 |
| 2025-11-18 | 515.94 |
| 2025-11-17 | 536.80 |
| 2025-11-14 | 538.25 |
| 2025-11-13 | 542.60 |
| 2025-11-12 | 559.46 |
| 2025-11-11 | 541.51 |
| 2025-11-10 | 548.04 |
| 2025-11-07 | 536.43 |
| 2025-11-06 | 532.62 |
| 2025-11-05 | 517.39 |
| 2025-11-04 | 500.89 |
| 2025-11-03 | 516.48 |
| 2025-10-31 | 528.09 |
| 2025-10-30 | 533.35 |
| 2025-10-29 | 553.30 |
| 2025-10-28 | 564.54 |
| 2025-10-27 | 552.75 |
| 2025-10-24 | 550.22 |
| 2025-10-23 | 542.06 |