First Quantum Minerals stock rallies 6% and outperforms market

3 articles · Updated · MarketWatch · May 8

The shares closed at C$35.00 on Friday as 4.2 million shares changed hands, above the 50-day average of 3.1 million.
The gain came in a broadly positive Canadian session, with the S&P/TSX Composite Index rising 0.65% to 34,077.76.
Despite the rally, First Quantum remains 22.5% below its 52-week high of C$45.17 reached on 29 January.

Why are analysts bullish on a company that just reported wider losses and rising operational costs?

With a $20B legal battle looming, is the Cobre Panamá deal a true lifeline or just a temporary fix?