First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, gold, silver, and zinc ores, as well as produces acid. The company has operating mines located in Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, as well as a development project in Zambia. It is exploring the Taca Taca copper-gold-molybdenum project in Argentina, as well as the Haquira copper deposit in Peru. The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996. First Quantum Minerals Ltd. was incorporated in 1983 and is headquartered in Toronto, Canada.
P/B ratio for First Quantum Minerals Ltd. (FM.TO)
P/B ratio as of 2023: 0.55
According to First Quantum Minerals Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.55. At the end of 2022 the company had a P/B ratio of 1.32.
P/B ratio history for First Quantum Minerals Ltd. from 1997 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.55 |
| 2022 | 1.32 |
| 2021 | 1.65 |
| 2020 | 1.39 |
| 2019 | 0.74 |
| 2018 | 0.58 |
| 2017 | 1.10 |
| 2016 | 0.74 |
| 2015 | 0.25 |
| 2014 | 0.95 |
| 2013 | 1.27 |
| 2012 | 1.96 |
| 2011 | 2.39 |
| 2010 | 3.16 |
| 2009 | 2.31 |
| 2008 | 0.70 |
| 2007 | 3.62 |
| 2006 | 3.22 |
| 2005 | 5.43 |
| 2004 | 5.88 |
| 2003 | 6.65 |
| 2002 | 1.89 |
| 2001 | 1.40 |
| 2000 | 1.61 |
| 1999 | 1.38 |
| 1998 | 1.54 |
| 1997 | 1.06 |