The WACC of First Quantum Minerals Ltd (FM.TO) is 7.4%.
| Range | Selected | |
| Cost of equity | 6.60% - 10.50% | 8.55% |
| Tax rate | 25.90% - 26.50% | 26.20% |
| Cost of debt | 6.70% - 9.30% | 8.00% |
| WACC | 5.9% - 8.9% | 7.4% |
| Category | Low | High |
| Long-term bond rate | 3.3% | 3.8% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.66 | 1.02 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.60% | 10.50% |
| Tax rate | 25.90% | 26.50% |
| Debt/Equity ratio | 0.76 | 0.76 |
| Cost of debt | 6.70% | 9.30% |
| After-tax WACC | 5.9% | 8.9% |
| Selected WACC | 7.4% | |