FY2027 EPS Estimates for OTCMKTS:FQVLF Decreased by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – National Bank Financial lowered their FY2027 earnings per share (EPS) estimates for First Quantum Minerals in a research report issued on Thursday, July 24th. National Bank Financial analyst S. Nagle now expects that the basic materials company will earn $1.47 per share for the year, down from their previous forecast of $1.65. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share.

First Quantum Minerals (OTCMKTS:FQVLF) last released its earnings results on Wednesday, July 23rd. The basic materials company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.05. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.06 billion. First Quantum Minerals had a return on equity of 1.44% and a net margin of 4.08%.

Other research analysts also recently issued research reports about the stock. Scotiabank restated a “sector perform” rating on shares of First Quantum Minerals in a report on Tuesday, July 8th. National Bankshares reiterated an “outperform” rating on shares of First Quantum Minerals in a report on Wednesday, April 2nd. Barclays restated an “overweight” rating on shares of First Quantum Minerals in a report on Tuesday, May 6th. Canaccord Genuity Group raised First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 16th. Finally, BMO Capital Markets upgraded First Quantum Minerals to a “strong-buy” rating in a research note on Tuesday, April 15th. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, First Quantum Minerals currently has an average rating of “Moderate Buy”.

First Quantum Minerals Trading Down 1.3%

First Quantum Minerals stock opened at $17.31 on Monday. First Quantum Minerals has a 12 month low of $10.18 and a 12 month high of $19.00. The company has a quick ratio of 0.94, a current ratio of 1.87 and a debt-to-equity ratio of 0.50. The stock has a market cap of $14.44 billion, a P/E ratio of 72.13 and a beta of 1.38. The company’s fifty day simple moving average is $16.28 and its 200-day simple moving average is $14.27.

About First Quantum Minerals

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.