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First Quantum reports US$1.45-billion Q4 loss on Panama issues | iNFOnews | Thompson-Okanagan's News Source

TORONTO - First Quantum Minerals Ltd. says it lost US$1.45 billion in the last quarter of 2023, and warned its ability to continue operating could be in doubt if it is unable to shore up its balance sheet in light of the shutdown of its Cobre Panamรก mine.
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Source: infotel.ca

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First Quantum Signs $500 Million Copper Deal With Investor

(Bloomberg) -- First Quantum Minerals Ltd. is seeking $20 billion from Panama in a free trade arbitration case after the Central American nation shut down the company’s flagship copper mine late last year.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseCapital One to Buy Discover for $35 Billion in Top 2024 DealUS Tells Allies Russia May Launch Anti...
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Source: yahoo.com

CIBC Lowers First Quantum Minerals (TSE:FM) Price Target to C$14.00

First Quantum Minerals (TSE:FM – Get Free Report) had its price objective dropped by investment analysts at CIBC from C$15.00 to C$14.00 in a report issued on Wednesday, BayStreet.CA reports. The brokerage presently has a “neutral” rating on the stock. CIBC’s price target points to a potential upside of 19.25% from the stock’s previous close. […]
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