First Quantum Minerals Ltd.

FM.TOTSXBasic Materials● Active

$40.49

+$0.47(+1.17%)

Market Cap$33.5B

P/E Ratio—

52W High$46.31

52W Low$20.46

Avg Volume3.3M

Open$40.98

Beta1.98

Cash on Hand Financials Revenue

First Quantum Minerals Ltd. (FM.TO) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

FM.TO · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$716.0M▼ -15.1% vs prior year

FY · as of Dec 31, 2025 · Reported in USD

Cash & Cash Equiv. (CCE)

$716.0M

cashAndCashEquivalents

Short-Term Investments

shortTermInvestments

YoY Change vs Prior Year

-15.1%

vs prior fiscal year

Latest Quarter

$770.0M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$716.0MCash on Hand

Total Debt$5.91BTotal Debt

Net Cash / Net Debt−$5.19BNet Debt Position

Cash vs Debt Ratio

Cash 11%First Quantum Minerals Ltd. cash as % of market cap: 2.14%% · MCap $34BDebt 89%

First Quantum Minerals Ltd. carries a net debt position of $5.19B. Total debt ($5.91B) exceeds cash on hand ($716.0M). First Quantum Minerals Ltd. cash vs debt ratio: 11% cash / 89% debt.

Net Cash = Cash & ST Investments − Total Debt$716.0M − $5.91B = −$5.19B

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

FM.TO annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

FM.TO cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$716.0M-15.1%

Dec 31, 2024FY$843.0M-27.1%

Dec 31, 2023FY$1.16B-31.5%

Dec 31, 2022FY$1.69B-9.2%

Dec 31, 2021FY$1.86B+95.7%

FM.TO cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Basic Materials Sector Cash Reserves Comparison

FM.TO vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

Southern Copper Corporation

SCCO

$4.91B$142B3.5%

40%

First Quantum Minerals Ltd.YOU

FM.TO

$716.0M$34B2.1%

Basic Materials sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

First Quantum Minerals Ltd. (FM.TO) cash on hand as of December 31, 2025 is $716.0M, comprising $716.0M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as First Quantum Minerals Ltd. cash and short-term investments on the balance sheet (10-K filing). Also referred to as First Quantum Minerals Ltd. cash reserves or cash position.

First Quantum Minerals Ltd. annual cash on hand history shows decreased -15.1% in 2025: decreased -15.1% in 2025. First Quantum Minerals Ltd. cash reserves in 2025 reflect the company's capital allocation strategy.

First Quantum Minerals Ltd. carries total debt of $5.91B against cash of $716.0M, resulting in a net debt position of -$5.19B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

FM.TO cash on hand · 5 questions

As of December 31, 2025, First Quantum Minerals Ltd. (FM.TO) has $716,000,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $716,000,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $770,000,000. Data sourced from the annual 10-K filing via FMP.

FM.TO cash on handFM.TO cash reservesFM.TO cash 2025how much cash does FM.TO have

▸ Source: FMP /balance-sheet-statement · US GAAP · First Quantum Minerals Ltd. · First Quantum Minerals Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025