Scotiabank Weighs in on OTCMKTS:FQVLF FY2026 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Research analysts at Scotiabank lowered their FY2026 EPS estimates for First Quantum Minerals in a report released on Thursday, February 19th. Scotiabank analyst O. Wowkodaw now expects that the basic materials company will earn $0.52 per share for the year, down from their prior forecast of $1.07. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share. Scotiabank also issued estimates for First Quantum Minerals’ FY2027 earnings at $1.83 EPS.

A number of other equities research analysts also recently issued reports on the company. Deutsche Bank Aktiengesellschaft downgraded First Quantum Minerals from a “buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Morgan Stanley reissued an “overweight” rating on shares of First Quantum Minerals in a research report on Tuesday, December 16th. TD Securities restated a “hold” rating on shares of First Quantum Minerals in a report on Thursday, February 12th. Zacks Research downgraded First Quantum Minerals from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of First Quantum Minerals in a research report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

First Quantum Minerals Stock Up 3.6%

Shares of OTCMKTS:FQVLF opened at $27.52 on Monday. The company has a market cap of $22.96 billion, a price-to-earnings ratio of -688.00 and a beta of 1.32. First Quantum Minerals has a 12 month low of $10.18 and a 12 month high of $33.30. The company has a current ratio of 1.94, a quick ratio of 1.08 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average price of $27.77 and a 200 day moving average price of $23.03.

First Quantum Minerals (OTCMKTS:FQVLF) last issued its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.05). The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.33 billion. First Quantum Minerals had a positive return on equity of 0.07% and a negative net margin of 0.53%.

First Quantum Minerals Company Profile

First Quantum Minerals Ltd. is a Canada-based mining company principally engaged in the exploration, development, production and marketing of copper and other mineral commodities. Headquartered in Vancouver, British Columbia, the company develops and operates large-scale open-pit and underground mines and associated processing facilities. Its activities span the full value chain from exploration and feasibility studies through to mining, milling and the sale of concentrates and refined metals to global customers.

Copper is the company’s primary product, produced alongside by-products such as gold, nickel, zinc and cobalt depending on the orebody.