FY2025 EPS Estimates for OTCMKTS:FQVLF Decreased by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Investment analysts at Desjardins reduced their FY2025 earnings estimates for shares of First Quantum Minerals in a note issued to investors on Wednesday, July 30th. Desjardins analyst B. Adams now expects that the basic materials company will post earnings per share of $0.18 for the year, down from their previous forecast of $0.41. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share. Desjardins also issued estimates for First Quantum Minerals’ FY2026 earnings at $0.95 EPS.

A number of other research firms have also recently commented on FQVLF. Barclays reaffirmed an “overweight” rating on shares of First Quantum Minerals in a research note on Monday, July 28th. BMO Capital Markets raised shares of First Quantum Minerals to a “strong-buy” rating in a research note on Tuesday, April 15th. Raymond James Financial raised shares of First Quantum Minerals to a “hold” rating in a research note on Monday, June 30th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of First Quantum Minerals in a research note on Friday, July 25th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of First Quantum Minerals in a research note on Tuesday, July 8th. Five analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

First Quantum Minerals Stock Performance

Shares of OTCMKTS:FQVLF opened at $16.10 on Monday. First Quantum Minerals has a 52 week low of $10.18 and a 52 week high of $19.00. The stock has a market capitalization of $13.43 billion, a P/E ratio of 67.09 and a beta of 1.38. The firm has a fifty day simple moving average of $16.52 and a two-hundred day simple moving average of $14.38. The company has a quick ratio of 0.94, a current ratio of 1.87 and a debt-to-equity ratio of 0.50.

First Quantum Minerals (OTCMKTS:FQVLF) last issued its quarterly earnings data on Wednesday, July 23rd. The basic materials company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.05. First Quantum Minerals had a net margin of 4.08% and a return on equity of 1.44%. The business had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.06 billion.

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.