Scotiabank Predicts OTCMKTS:FQVLF FY2026 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Stock analysts at Scotiabank upped their FY2026 earnings estimates for shares of First Quantum Minerals in a note issued to investors on Friday, November 28th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings of $1.16 per share for the year, up from their prior forecast of $1.11. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share.

First Quantum Minerals (OTCMKTS:FQVLF) last issued its earnings results on Tuesday, October 28th. The basic materials company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.10). The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.47 billion. First Quantum Minerals had a return on equity of 0.29% and a net margin of 0.92%.

A number of other equities analysts have also recently issued reports on the company. Stifel Canada upgraded First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 21st. BMO Capital Markets reiterated an “outperform” rating on shares of First Quantum Minerals in a research report on Wednesday, October 29th. Zacks Research cut First Quantum Minerals from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. National Bankshares reaffirmed an “outperform” rating on shares of First Quantum Minerals in a research note on Wednesday, August 13th. Finally, Deutsche Bank Aktiengesellschaft cut shares of First Quantum Minerals from a “buy” rating to a “hold” rating in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

First Quantum Minerals Price Performance

OTCMKTS FQVLF opened at $22.68 on Monday. First Quantum Minerals has a 1 year low of $10.18 and a 1 year high of $24.75. The business’s fifty day moving average is $21.60 and its two-hundred day moving average is $18.46. The stock has a market capitalization of $18.92 billion, a P/E ratio of 453.69 and a beta of 1.47. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 2.00.

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.