FY2025 EPS Estimates for OTCMKTS:FQVLF Lowered by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Research analysts at National Bank Financial dropped their FY2025 EPS estimates for First Quantum Minerals in a research report issued on Tuesday, July 8th. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings per share of $0.23 for the year, down from their prior forecast of $0.31. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share.

FQVLF has been the subject of a number of other research reports. Barclays restated an “overweight” rating on shares of First Quantum Minerals in a research note on Tuesday, May 6th. BMO Capital Markets raised shares of First Quantum Minerals to a “strong-buy” rating in a report on Tuesday, April 15th. Raymond James Financial raised shares of First Quantum Minerals to a “hold” rating in a report on Monday, June 30th. Stifel Canada raised shares of First Quantum Minerals to a “hold” rating in a report on Wednesday, March 19th. Finally, Canaccord Genuity Group raised shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 16th. Four research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

First Quantum Minerals Price Performance

OTCMKTS:FQVLF opened at $17.35 on Thursday. First Quantum Minerals has a 1-year low of $10.18 and a 1-year high of $19.00. The company has a current ratio of 1.87, a quick ratio of 0.94 and a debt-to-equity ratio of 0.50. The firm has a fifty day simple moving average of $15.55 and a 200 day simple moving average of $13.96. The stock has a market capitalization of $14.47 billion, a PE ratio of 108.44 and a beta of 1.38.

First Quantum Minerals (OTCMKTS:FQVLF) last released its earnings results on Wednesday, April 23rd. The basic materials company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.03. First Quantum Minerals had a net margin of 2.78% and a return on equity of 1.19%. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.04 billion.

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.