Shares of First Quantum Minerals Ltd. slipped 0.67% to C$35.58 in what was an overall disappointing trading session for the Canadian market. The S&P/TSX Composite Index fell 0.63% to 20,492.83. First Quantum Minerals Ltd. closed C$3.55 short of its 52-week high of C$39.13, which was achieved on July 31st. The trading volume of 942,168 shares was below its 50-day average volume of 1.8 million.
It’s important to note that this article was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet.
Definitions:
- Shares: Units of ownership in a company
- First Quantum Minerals Ltd.: A Canadian mining and metals company
- C$: Canadian dollar
- 52-week high: The highest trading price of a stock within the past year
- S&P/TSX Composite Index: A stock market index that tracks the performance of Canadian companies
- Trading volume: The total number of shares traded during a specific time period
- Automation technology provider: A company that develops software and technologies for automated processes
- Dow Jones and FactSet: Providers of financial data and news services
Sources:
– Automated Insights
– Dow Jones
– FactSet