What is Desjardins’ Forecast for TSE:FM Q2 Earnings?

First Quantum Minerals Ltd. (TSE:FM) – Analysts at Desjardins issued their Q2 2025 earnings estimates for First Quantum Minerals in a report issued on Thursday, July 17th. Desjardins analyst B. Adams expects that the company will post earnings of ($0.01) per share for the quarter. Desjardins has a “Hold” rating on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.56 per share. Desjardins also issued estimates for First Quantum Minerals’ Q2 2025 earnings at ($0.01) EPS.

Several other research firms also recently commented on FM. BMO Capital Markets upgraded First Quantum Minerals to a “strong-buy” rating in a report on Tuesday, April 15th. National Bankshares lifted their price target on shares of First Quantum Minerals from C$24.00 to C$27.50 and gave the company an “outperform” rating in a research report on Wednesday, July 9th. Morgan Stanley decreased their price target on shares of First Quantum Minerals from C$19.70 to C$19.40 in a research note on Wednesday, April 9th. 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, Scotiabank lifted their price objective on shares of First Quantum Minerals from C$22.50 to C$24.00 in a report on Monday, June 16th. Six investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$22.32.

First Quantum Minerals Trading Down 0.9%

TSE:FM opened at C$23.39 on Friday. 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 stock has a market capitalization of C$13.28 billion, a price-to-earnings ratio of -8.64, a PEG ratio of -1.28 and a beta of 1.73. The firm has a fifty day simple moving average of C$21.93 and a two-hundred day simple moving average of C$19.83. First Quantum Minerals has a 12 month low of C$13.81 and a 12 month high of C$25.96.

Insiders Place Their Bets

In other news, Director Alison Cheryl Beckett acquired 1,029 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The shares were acquired at an average cost of C$24.59 per share, for a total transaction of C$25,307.84. Company insiders own 19.35% of the company’s stock.

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.