First Quantum Minerals (TSE:FRQ) Reports FY25 Results, Shares Fall

First Quantum Minerals (TSE:FRQ) released its full-year 2025 financial results on February 12, 2026, showing revenue of CAD 2.46 billion, a 12% decline from FY24, and net loss of CAD 194 million due to lower gold prices and higher processing costs. The stock closed at C$1.79, down 8.2% on the Toronto Stock Exchange. Key highlights include a 20% drop in gold production to 3.5 million ounces and a 15% reduction in operating cash flow to CAD 414 million. Management attributed the results to supply chain disruptions and a continued bearish price environment. The company reiterated its guidance for 2026, maintaining a focus on cost optimization and mine divestitures to improve margins.