The WACC of First Quantum Minerals Ltd (FM.TO) is 6.9%.
| Range | Selected | |
| Cost of equity | 6.30% - 9.50% | 7.90% |
| Tax rate | 25.90% - 26.50% | 26.20% |
| Cost of debt | 6.70% - 8.40% | 7.55% |
| WACC | 5.7% - 8.1% | 6.9% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.62 | 0.87 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.30% | 9.50% |
| Tax rate | 25.90% | 26.50% |
| Debt/Equity ratio | 0.73 | 0.73 |
| Cost of debt | 6.70% | 8.40% |
| After-tax WACC | 5.7% | 8.1% |
| Selected WACC | 6.9% | |