Stifel Canada Forecasts OTCMKTS:FQVLF FY2028 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Equities research analysts at Stifel Canada issued their FY2028 earnings estimates for First Quantum Minerals in a note issued to investors on Sunday, September 28th. Stifel Canada analyst R. Profiti anticipates that the basic materials company will post earnings of $1.04 per share for the year. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share.

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

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

First Quantum Minerals Stock Performance

OTCMKTS:FQVLF opened at $22.80 on Wednesday. First Quantum Minerals has a 12 month low of $10.18 and a 12 month high of $22.88. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.00 and a quick ratio of 1.00. The firm has a market capitalization of $19.02 billion, a PE ratio of 95.00 and a beta of 1.36. The business’s fifty day moving average price is $18.11 and its 200 day moving average price is $15.95.

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.