First Quantum Minerals earnings rise to US$325 million in third quarter

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TORONTO — First Quantum Minerals Ltd. reported US$325 million in net earnings attributable to shareholders for the third quarter, up from US$113 million a...

TORONTO — First Quantum Minerals Ltd. reported US$325 million in net earnings attributable to shareholders for the third quarter, up from US$113 million a year earlier.Diluted earnings per share for the Toronto-based company were 47 cents US, up from 37 cents US a year earlier.

On Monday, the company announced that the bill enacting its mining concession contract for the mine became law, after reaching a deal with the government in March. Elon Musk acted like a 'little baby' and was 'almost in tears' on Tesla's 'terrible' earnings call, analyst says An "extremely bearish" technical pattern, known as a double top, has taken shape on the Magnificent 7 stocks' combined price chart, fueling fears of a selloff.These blue-chip stocks may be down, but don't count them out -- especially since they have a secure path back to growth in the near future. The post These Stocks Provide a Once-in-a-Decade Chance to Get Rich appeared first on The Motley Fool Canada.

 

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