Q1 Earnings Estimate for TSE:FM Issued By Raymond James

First Quantum Minerals Ltd. (TSE:FM) – Analysts at Raymond James issued their Q1 2025 earnings per share estimates for shares of First Quantum Minerals in a research note issued on Tuesday, April 15th. Raymond James analyst F. Hamed anticipates that the company will earn ($0.03) per share for the quarter. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.56 per share. Raymond James also issued estimates for First Quantum Minerals’ FY2025 earnings at $0.33 EPS.

Other research analysts also recently issued research reports about the stock. BMO Capital Markets upgraded shares of First Quantum Minerals to a “strong-buy” rating in a research note on Tuesday. Stifel Canada upgraded First Quantum Minerals to a “hold” rating in a research note on Wednesday, March 19th. Scotiabank decreased their price target on First Quantum Minerals from C$22.00 to C$21.50 and set a “sector perform” rating for the company in a research note on Thursday, January 16th. Desjardins raised First Quantum Minerals to a “hold” rating in a report on Thursday, April 3rd. Finally, Royal Bank of Canada lifted their price objective on First Quantum Minerals from C$23.00 to C$24.00 in a report on Wednesday, January 8th. Nine equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$21.77.

First Quantum Minerals Stock Performance

Shares of First Quantum Minerals stock opened at C$16.56 on Friday. First Quantum Minerals has a 1 year low of C$13.81 and a 1 year high of C$23.28. The firm’s 50-day moving average is C$18.63 and its 200 day moving average is C$18.74. The stock has a market cap of C$9.40 billion, a price-to-earnings ratio of -6.12, a PEG ratio of -1.28 and a beta of 1.73. The company has a debt-to-equity ratio of 56.41, a current ratio of 1.80 and a quick ratio of 1.41.

First Quantum Minerals (TSE:FM) last announced its quarterly earnings data on Tuesday, February 11th. The company reported C$0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.03 by C$0.01. First Quantum Minerals had a negative return on equity of 14.05% and a negative net margin of 32.41%. During the same quarter in the previous year, the business earned ($0.37) earnings per share.

Insider Transactions at First Quantum Minerals

In other news, Senior Officer Zenon Wozniak sold 40,000 shares of the stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of C$21.11, for a total value of C$844,400.00. Also, Director Charles Kevin Mcarthur purchased 25,000 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was acquired at an average price of C$17.23 per share, with a total value of C$430,842.13. 19.35% of the stock is currently owned by company insiders.

About First Quantum Minerals

First Quantum Minerals Ltd is a diversified mining company. The company’s principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite.