We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| First Class Metals Plc | FCM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 2.25 | 08:00:10 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.25 | 2.25 | 2.25 | 2.25 | 2.25 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 12/6/2025 07:55 by brynsym 10p easy wirh a 4 to 5 million asset sale.#FCM INVESTOR WEBINAR on Tuesday, 17 June 2025 at 2:30pm BST.Hear from James Knowles (Executive Chairman) and Marc Sale (CEO), who will share an update on the Company's current position and provide a forward-looking exploration overview across its priority projects, North Hemlo and Sunbeam. Sign up for the webinar here: hxxps://f FCM tg - FCMshareholders |
Posted at 02/6/2025 10:03 by jaknife Brynsym,"The claim that FCM can’t be shorted just because IG and SpreadEx don’t offer it is nonsense. Anyone with access to DMA, CFDs, or a decent brokerage knows otherwise. Retail access via two providers does not define the entire market." IG and SpreadEx are the two largest providers in the market, many smaller firms use IG as their primer broker. It is impossible to short FCM with IG either on a spread bet or on a CFD. There are no short positions out there. Feel free to ask around and come back with the name of a broker who actually offers the ability to short FCM. "As for suggesting that last week’s price spike was “intelligent longs dumping” — that’s laughable. It looked far more like a short squeeze, with someone scrambling to cover." It helps if you read the actual words that I wrote rather than making up quotes. My comment was: "If you need an explanation for why the share price has fallen so much, it's simply that the more intelligent of the longs dumped their shares and ran for the hills ages ago. That's what caused the share price to fall." [emphasis added] As evidenced by the chart: FWIW my long term price target for FCM is zero - it's management are completely incompetent at best, at worst they were aware of the fraud at 79th Group. JakNife |
Posted at 01/6/2025 16:43 by jaknife chutes01,"Still shorts trapped here after last weeks action Tom Winni has cost them dear" Once again, for the numpties in the room, there are no short positions in FCM, it is impossible to short FCM. The two main spread bet providers in the UK are IG and SpreadEx, neither will let you short FCM. And, in consequence, there is zero evidence that anyone has ever had a disclosable short position: If you need an explanation for why the share price has fallen so much, it's simply that the more intelligent of the longs dumped their shares and ran for the hills ages ago. That's what caused the share price to fall. JakNife |
Posted at 31/5/2025 13:49 by hazl A reminder.' First Class Metals PLC (FCM) is a UK-listed exploration company focused on northwestern Ontario, Canada – notably the prolific Hemlo-Schreiber greenstone beltresearch-tree.co North Hemlo (Flagship Gold & Base Metals Project) Project Summary & Geology: The North Hemlo property is FCM’s flagship, covering ~83 km² research-tree.com in the Hemlo-Schreiber greenstone belt – the same district that hosts Barrick’s giant Hemlo gold mine (>23 Moz gold produced)research-tr Recent Exploration Timeline (since mid-2022): • H1 2022: Completed low-altitude magnetic heli-borne survey (April 2022) to map structuresinvestegat • H2 2022: Follow-up mapping and sampling expanded the gold-anomalous trend. FCM applied for exploration permits to allow stripping, trenching, and drilling along Dead Otter. The North Hemlo project was established as the core focus. • 2023: Continued prospecting and soil sampling. An exploration permit covering the 3.7 km central Dead Otter trend was granted in October 2023, valid for 3 yearsresearch-tree.c |
Posted at 29/5/2025 17:24 by ldbart It's common sense. Investors that paid 10p at IPO or 18p thereafter, did so based upon their research and the potential of the company and share price. .There are several reasons why an investor might choose to average down:1. Long-Term Confidence in the CompanyThe investor believes the company's fundamentals remain strong despite the price drop, and views the lower price as a buying opportunity. 2. Valuation Opportunity. The stock may be undervalued based on metrics like P/E ratio, price/book, or discounted cash flow, suggesting it's a good value at the reduced price. 3. Market Overreaction. The investor believes the price decline is due to short-term market overreactions or temporary issues, not a reflection of the company's true worth. 4. Lowering Break-Even Point. By buying at a lower price, the investor reduces their average cost per share, making it easier to reach profitability if the stock rebounds. 5. Long-Term Investment Horizon. If the investor has a long-term outlook, short-term price drops are seen as opportunities to accumulate more shares cheaply. 6. Dividend Yield Enhancement. For dividend-paying stocks, a lower price increases the effective yield on new purchases, making the stock more attractive for income investors. 7. Dollar-Cost Averaging Strategy. Some investors follow a disciplined approach to investing fixed amounts regularly, regardless of price, which naturally results in averaging down during dips. 8. Strategic Portfolio Allocation. The price drop might allow the investor to increase their position to a desired allocation level within their portfolio. 9. Recovery Potential. The investor anticipates a turnaround or catalyst (e.g., new product launch, leadership change, regulatory approval) that could drive the stock price back up. 10. Tax Strategy. In certain cases, realizing paper losses through averaging down may fit into a broader tax-loss harvesting strategy |
Posted at 16/4/2025 08:44 by thelmaj Some of the negative commentary here seems misguided. FCM has received investment from a company currently facing challenges in its property division—complFrom an investment perspective, FCM appears to be at an attractive entry point, particularly for new investors or those looking to average down. The 5p warrants indicate confidence in future upside, with a potential return to 7–8p once field season results are released. Kerrs resource with the increased gold price is worth millions more than first bought. Sunbeam too. Do some proper research into FCM and stop banging on about one of their investors, it's boring now, not to mention irrelevant. |
Posted at 06/3/2025 13:22 by dorset64 I'm not defending anyone if found guilty of a crime.The division within 79 group that has invested within FCM is a different division to their personal investment arm. If someone is found guilty of fraud in that division they would go to prison along with anyone else involved.It's like you're saying that if, for example, barclays were found to be guilty of something then, as they lent one of my companies money and have that companies bank account, your implying that my company would be harmed as barclays were guilty of something. Absolute nonsense.If that dept are guilty of fraud he should rightly go to jail but it doesn't affect a single thing that fcm do with their cast for phase 1 investment as that cash is already in fcm's account. You openly fail to understand how business works and to date, despite you stating they are guilty, they've not yet been charged with anything and certainly nothing that will affect fcm. |
Posted at 05/3/2025 17:03 by dorset64 This is nothing to do with fcm but an arm, an unconnected arm of 79 group.Fcm have the cash in their bank and, as this is only stage 1 of 79 groups investment in to fcm, if there's a hint of anything they won't be allowed to go ahead with stage 2.FCM have their money already so no threat to FCM whatsoever that I can see. |
Posted at 31/12/2024 13:08 by dorset64 Mike R:Year-end Shareholder Letter First Class Metals PLC ("First Class Metals," "FCM," or the "Company"), the UK-listed metals exploration company advancing economic metal discoveries across its extensive Canadian Schreiber-Hemlo, Sunbeam, Kerrs and Zigzag land holdings, is pleased to provide an end-of-year shareholder update, reflecting on a pivotal year and looking ahead to an ambitious and transformative 2025.Dear Shareholders,As we close 2024, I reflect on a year that has been challenging for small-cap resource companies. Capital markets have been particularly difficult, with limited liquidity and investment opportunities. Despite these headwinds, the conditional investment agreement with The 79th GRP Limited ("79th GRP"), once completed, is expected to position the Company for substantial growth and progress.With all-time high gold prices and a growing global demand for sustainable energy and technology metals from secure jurisdictions, the macroeconomic environment presents a compelling opportunity for growth. The funding package from 79th GRP positions us to thrive in this favourable landscape, enabling us to capitalise on market dynamics and the potential to achieve significant milestones in 2025. This partnership highlights the strength of our portfolio and underscores our commitment to creating long-term value for our shareholders.2024: A Year of Pivotal ProgressThis year, our efforts culminated in securing the confidence and support of 79th GRP through a conditional subscription agreement. This partnership, once completed, is expected to bolster our financial resources and bring strategic expertise and global reach to support our growth.Key highlights of this investment include:Proposed Investment: A total of approximately £2.18 million in two stages, subject to FCM shareholder approval.Majority Stake: Upon completion of both stages, 79th GRP will own approximately 51.2% of the Company's enlarged share capital.Strategic Acceleration: This investment will accelerate the development of our project portfolio.Synergies: The potential for business synergies to create new project acquisition opportunities.Explor |
Posted at 24/11/2024 20:43 by hazl 'First Class Metals: Unlocking Ontario’s Untapped PotentialFirst Class Metals (FCM), a UK-listed exploration company, has set its sights on the rich mineral landscapes of Northern Ontario, Canada. With a strategic portfolio of projects spanning gold, lithium, nickel, and other critical minerals, FCM aims to uncover high-value deposits in some of the region’s most promising geological terrains. The company’s focus on exploration aligns with the growing global demand for critical metals and precious minerals, positioning it as a noteworthy contender in the small-cap mining sector. Strategic Projects Across Ontario FCM’s flagship property, North Hemlo, lies in close proximity to Barrick’s renowned Hemlo gold mine, which has produced over 23 million ounces of gold. North Hemlo’s Dead Otter Trend has shown promising signs of gold mineralization, with grab samples reporting grades as high as 19.6 g/t Au. Ongoing stripping and sampling along the 4.5 km gold-anomalous trend are expected to guide FCM’s next drilling campaign. The project’s geological profile suggests potential for both precious and base metals, underpinned by a strong correlation to pathfinder elements like molybdenum and telluride. The Sunbeam Gold Project further strengthens FCM’s gold-focused portfolio. This historically producing mine is surrounded by a 70 km² property hosting multiple mineralized structures. Modern exploration, including channel sampling and diamond drilling, has confirmed high-grade gold mineralization. Intercepts include 93.3 g/t Au over 0.44m, validating the project’s potential for significant resource expansion. FCM’s Zigzag Lithium Project, located in Ontario’s emerging lithium belt, has also attracted attention. Recent drilling has identified high-grade lithium (Li2O) intercepts, such as 5.5m at 2.4% Li2O, alongside elevated concentrations of tantalum, rubidium, and gallium—key components for the battery and electronics industries. With an exploration permit in place and strong results from initial campaigns, Zigzag represents a compelling opportunity in the rapidly growing lithium market. Meanwhile, the Kerrs Gold Project adds diversity to FCM’s portfolio with a 386,000-ounce NI-43-101 gold resource in Timmins, a prolific mining district. This project complements FCM’s broader focus on gold exploration, offering a defined resource with room for expansion through additional drilling. Financial Backing and Strategic Partnerships FCM’s financial position is bolstered by a mix of equity raises, grants, and strategic funding agreements. Notably, the Ontario Junior Exploration Program (OJEP) has provided non-dilutive funding to support exploration at North Hemlo, highlighting the project’s regional importance. In 2024, the company deepened its relationship with the 79th Group, increasing its loan facility to £500,000 to advance key exploration activities. FCM’s partnerships also extend to operational collaborations. Its West Pickle Lake Project, held in joint venture with Palladium One, is a drill-proven nickel-copper sulphide discovery. The project has already seen significant drilling progress, with mineralization remaining open along strike, offering potential for further resource expansion. Challenges and Risks Like all early-stage exploration companies, FCM faces inherent risks. The company’s success is contingent on discovering economically viable deposits, and exploration results can be unpredictable. Additionally, the remote locations of its properties in Northern Ontario present logistical challenges, including higher transportation and operational costs. Financial sustainability is another key consideration. While FCM has secured various funding sources, its reliance on external capital to support exploration activities introduces a degree of uncertainty. Fluctuations in commodity prices, particularly for gold and lithium, could also impact the company’s valuation and ability to raise additional funds. Regulatory hurdles, such as obtaining permits and navigating environmental guidelines, add further complexity. However, FCM has made significant strides in engaging with First Nations communities, securing exploration agreements, and obtaining necessary permits for its key projects. ' |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
