What a Wild Month for First Quantum

Globe and Mail reported the morning of October 4 capped off a spectacular downward spiral for shares of First Quantum Minerals Ltd. (TSE:FM).

As quoted in the market news:

Highly volatile copper prices and a new Zambian government have been behind the wild ride. After peaking around $4.50 (U.S.) per pound in late July, copper plunged all the way down to about $3.05 in late October. Although First Quantum is developing some nickel projects, copper is by far its most important commodity.

Click here to read the full Globe and Mail report.