First Quantum Q1 Earnings: Copper Major Still Bleeding Cash
While the gold business may be booming, the copper business.. Is not.
While gold majors such as Newmont continue to print money despite their operational performance, copper majors find themselves in a bit of a different scenario. Copper pricing is often treated as a measure of the economy, and the last time I checked, the global economy ain’t doing so hot.
And neither is copper.
In any case, First Quantum Minerals (TSX: FM), a copper major, has reported their first quarter 2025 financial results.
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.