Analysts Set Expectations for OTCMKTS:FQVLF FY2025 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Equities researchers at National Bank Financial raised their FY2025 earnings per share estimates for First Quantum Minerals in a research note issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings per share of $0.24 for the year, up from their previous estimate of $0.19. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share.

FQVLF has been the subject of several other research reports. Scotiabank reaffirmed a “sector perform” rating on shares of First Quantum Minerals in a report on Tuesday, July 8th. TD Securities reissued a “hold” rating on shares of First Quantum Minerals in a research note on Friday, July 25th. Royal Bank Of Canada reissued an “outperform” rating on shares of First Quantum Minerals in a research note on Friday, July 25th. National Bankshares reissued an “outperform” rating on shares of First Quantum Minerals in a research note on Wednesday, August 13th. Finally, Barclays reissued an “overweight” rating on shares of First Quantum Minerals in a research note on Monday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

First Quantum Minerals Price Performance

OTCMKTS:FQVLF opened at $20.63 on Thursday. First Quantum Minerals has a one year low of $10.18 and a one year high of $21.99. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 2.00. The stock has a market cap of $17.21 billion, a PE ratio of 85.96 and a beta of 1.35. The stock has a 50 day moving average price of $17.73 and a 200 day moving average price of $15.70.

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