€11.05
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First Quantum Minerals Ltd. Stock
Pros and Cons of First Quantum Minerals Ltd. in the next few years
Pros
Cons
Performance of First Quantum Minerals Ltd. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| First Quantum Minerals Ltd. | 0.600% | 1.123% | 9.983% | -54.376% | 45.137% | -42.268% | 0.863% |
| Teck Resources Ltd. A | -5.290% | -3.587% | 3.865% | -36.296% | 14.973% | 104.762% | 96.482% |
| Teck Resources Ltd. B | -0.780% | -0.972% | 9.767% | 2.258% | 16.377% | 141.595% | 102.484% |
| BHP Group Ltd. | -0.750% | -1.302% | 5.756% | -5.425% | -11.813% | -11.268% | 10.982% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Looking at the financials of First Quantum Minerals, a preliminary impression shows a robust and well-performing company within its industry of metals and mining. The company has demonstrated consistent performance and growth over the years, backed by strong financials that hint towards potential return-on-investment for investors.
Drilling down into the specifics, the trail of growth of First Quantum Minerals is evident in its annual net income figures. Our analysis of the income statements for the recent years (from 2020 to 2022) indicates a swing from a net income of -224 million USD in 2020 to a net income of 1149 million CAD in 2022. This shows that the company has effectively steered towards profitability, a positive sign for any potential investor.
The financial health of a company is often judged by its ability to meet short-term and long-term obligations. The balance sheets from 2020-2022 indicate that the company has maintained a reasonably good balance between its current assets and current liabilities, demonstrating sound liquidity. There is, however, a decreasing trend in the net working capital (which is the difference between current assets and current liabilities) from 2022 to 2020, which may be a concern and should be closely watched.