First Quantum Minerals Ltd. (TSE:FM – Free Report) – Analysts at Raymond James lowered their Q1 2024 earnings per share (EPS) estimates for shares of First Quantum Minerals in a note issued to investors on Wednesday, April 17th. Raymond James analyst F. Hamed now anticipates that the company will earn ($0.10) per share for the quarter, down from their previous estimate of ($0.04). The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.79 per share. Raymond James also issued estimates for First Quantum Minerals’ Q2 2024 earnings at ($0.06) EPS, Q3 2024 earnings at ($0.01) EPS and FY2024 earnings at ($0.15) EPS.
First Quantum Minerals (TSE:FM – Get Free Report) last posted its quarterly earnings data on Tuesday, February 20th. The company reported C($0.50) EPS for the quarter, missing the consensus estimate of C($0.10) by C($0.40). First Quantum Minerals had a negative net margin of 14.78% and a negative return on equity of 10.80%. The firm had revenue of C$1.66 billion during the quarter, compared to analyst estimates of C$1.58 billion.
Read Our Latest Stock Report on FM
First Quantum Minerals Stock Down 0.8 %
Shares of TSE:FM opened at C$15.96 on Monday. The company has a quick ratio of 1.41, a current ratio of 1.72 and a debt-to-equity ratio of 81.21. The business has a fifty day moving average of C$13.86 and a two-hundred day moving average of C$15.27. The stock has a market cap of C$13.30 billion, a P/E ratio of -8.53, a PEG ratio of -1.28 and a beta of 2.01. First Quantum Minerals has a 52-week low of C$9.31 and a 52-week high of C$39.13.
First Quantum Minerals Company Profile
First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, silver, gold, and zinc ores, as well as produces acid. The company has operating mines located in Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, as well as a development project in Zambia.
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