Stifel Canada Issues Positive Estimate for TSE:FM Earnings

First Quantum Minerals Ltd. (TSE:FM) – Stock analysts at Stifel Canada raised their Q2 2025 earnings estimates for shares of First Quantum Minerals in a research note issued on Thursday, April 24th. Stifel Canada analyst R. Profiti now expects that the company will earn ($0.08) per share for the quarter, up from their prior estimate of ($0.09). Stifel Canada has a “Hold” rating on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.56 per share. Stifel Canada also issued estimates for First Quantum Minerals’ Q3 2025 earnings at ($0.04) EPS, Q4 2025 earnings at ($0.01) EPS, FY2025 earnings at ($0.14) EPS, Q4 2026 earnings at $0.14 EPS, FY2026 earnings at $0.43 EPS, FY2027 earnings at $0.82 EPS and FY2028 earnings at $1.35 EPS.

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 the consensus estimate of C$0.03 by C$0.01. First Quantum Minerals had a negative net margin of 32.41% and a negative return on equity of 14.05%. During the same quarter in the previous year, the firm posted ($0.37) earnings per share.

A number of other equities analysts have also commented on FM. TD Securities boosted their price objective on shares of First Quantum Minerals from C$19.00 to C$20.00 and gave the stock a “hold” rating in a report on Thursday, February 13th. Morgan Stanley cut their price objective on shares of First Quantum Minerals from C$19.70 to C$19.40 in a report on Wednesday, April 9th. Desjardins upgraded shares of First Quantum Minerals to a “hold” rating in a report on Thursday, April 3rd. Canaccord Genuity Group upgraded shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 16th. Finally, Jefferies Financial Group cut their price objective on shares of First Quantum Minerals from C$23.00 to C$22.00 in a report on Monday, January 6th. Eight research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$21.77.

First Quantum Minerals Stock Performance

TSE:FM opened at C$19.17 on Monday. The company has a current ratio of 1.80, a quick ratio of 1.41 and a debt-to-equity ratio of 56.41. The firm has a market capitalization of C$10.88 billion, a price-to-earnings ratio of -7.08, a PEG ratio of -1.28 and a beta of 1.73. The firm’s fifty day simple moving average is C$18.42 and its 200 day simple moving average is C$18.71. First Quantum Minerals has a twelve month low of C$13.81 and a twelve month high of C$23.28.

Insider Transactions at First Quantum Minerals

In other First Quantum Minerals news, Director Alison Cheryl Beckett bought 1,388 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The stock was acquired at an average cost of C$19.25 per share, with a total value of C$26,719.00. Also, Senior Officer Zenon Wozniak sold 40,000 shares of First Quantum Minerals stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of C$21.11, for a total transaction of C$844,400.00. Company insiders own 19.35% of the company’s stock.

First Quantum Minerals Company Profile

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.