Home » Business » First Quantum Minerals Ltd. Shares Drop 3.26% on Canadian Market Downturn

First Quantum Minerals Ltd. Shares Drop 3.26% on Canadian Market Downturn

Shares of First Quantum Minerals Ltd. (FM) dropped by 3.26% to C$29.98 on Friday, as the Canadian market experienced a rough trading session. The S&P/TSX Composite Index (GSPTSE) fell 1.21% to 19,115.64. First Quantum Minerals closed C$9.15 below its 52-week high of C$39.13, which was achieved on July 31st. The trading volume of 1.3 million shares remained below its 50-day average volume of 1.6 million.

This article was created by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet.

In summary, First Quantum Minerals Ltd. witnessed a decline in its share price amidst a downturn in the Canadian market. Despite its 52-week high earlier in the year, the stock fell by 3.26% on Friday. The company’s trading volume also remained below its 50-day average volume.

Source: Automated Insights, Dow Jones, FactSet

(Note: URLs of sources are not included in the article)

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2023-10-20 21:02:30
#Quantum #Minerals #Shares #Slide #Canadian #Market #Falls

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