First Quantum Minerals (TSX:FM): Revisiting Valuation Following FTSE All-World Index Inclusion

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If you own or are watching First Quantum Minerals (TSX:FM), the recent addition to the FTSE All-World Index is hard to ignore. Being included in a major global index is more than a line in a press release. It can open doors to a much wider pool of investors. Funds that track the index often buy shares automatically, potentially boosting demand and shining a new spotlight on the company’s prospects.

Against this backdrop, First Quantum Minerals has been climbing steadily. The stock is up 47% so far in 2025 and 50% over the past year, with the rally gaining pace in recent months. The FTSE news follows closely after a shelf registration filing, hinting at an active period for capital markets activity. Taken together, these moves have given the stock fresh momentum and encouraged new questions about what comes next.

So, in light of these developments, are investors looking at a genuine buying opportunity here, or is the market already…

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