First Quantum Q1 2025 Net Cash Flow Drops By $440M As Net Loss Hits $23M
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1 Articles
First Quantum Q1 2025 Net Cash Flow Drops By $440M As Net Loss Hits $23M
First Quantum Minerals (TSX: FM) posted its Q1 2025 financials with topline revenue dropping down to $1.19 billion, down 5% from $1.26 billion in Q4 2024. Gross profit declined to $331 million, falling by $74 million. The company also reported a net loss of $23 million in Q1 2025, a steep reversal from the $99 million net profit in Q4 2024, with adjusted earnings collapsing to just $2 million—down 94% quarter-over-quarter. Earnings per share als…
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