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home / news releases / CA - First Quantum Fights Back

CA - First Quantum Fights Back

CA Inc.

2024-02-23 13:33:34 ET

Summary

  • First Quantum faces challenges with Cobre Panama closure, with uncertainty about the mine's reopening in the next 2-3 years.
  • The company receives a "going concern" warning due to material uncertainty about its ability to continue operating.
  • FM's debt situation worsened and a large impairment was taken.
  • But the company was not throwing in the towel and we saw multiple aggressive steps to ensure survival.

For further details see:

First Quantum Fights Back
Stock Information
Company Name: CA Inc.
Stock Symbol: CA
Market: NASDAQ
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