Analysts Set Expectations for TSE:FM FY2025 Earnings

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Equities researchers at Stifel Canada issued their FY2025 earnings estimates for First Quantum Minerals in a note issued to investors on Wednesday, March 19th. Stifel Canada analyst R. Profiti anticipates that the company will earn $0.66 per share for the year. Stifel Canada currently has a "Hold" rating on the stock. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.56 per share. Stifel Canada also issued estimates for First Quantum Minerals' FY2026 earnings at $0.40 EPS, FY2027 earnings at $0.77 EPS and FY2028 earnings at $2.26 EPS.

First Quantum Minerals (TSE:FM - Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported C$0.04 EPS for the quarter, topping analysts' consensus estimates of C$0.03 by C$0.01. First Quantum Minerals had a negative net margin of 32.41% and a negative return on equity of 14.05%. During the same quarter last year, the firm earned ($0.37) EPS.

Other equities analysts have also issued reports about the stock. Scotiabank cut their price objective on shares of First Quantum Minerals from C$22.00 to C$21.50 and set a "sector perform" rating on the stock in a report on Thursday, January 16th. Jefferies Financial Group reduced their price target on First Quantum Minerals from C$23.00 to C$22.00 in a research report on Monday, January 6th. Royal Bank of Canada raised their price objective on First Quantum Minerals from C$23.00 to C$24.00 in a research report on Wednesday, January 8th. TD Securities boosted their target price on shares of First Quantum Minerals from C$19.00 to C$20.00 and gave the stock a "hold" rating in a report on Thursday, February 13th. Finally, Morgan Stanley raised their price target on shares of First Quantum Minerals from C$20.20 to C$22.00 and gave the company an "equal weight" rating in a report on Thursday, December 12th. Ten investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of C$21.57.

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First Quantum Minerals Stock Down 0.8 %

Shares of FM traded down C$0.19 during midday trading on Friday, reaching C$22.65. 2,685,914 shares of the stock were exchanged, compared to its average volume of 2,387,072. The company has a market capitalization of C$12.86 billion, a P/E ratio of -8.37, a PEG ratio of -1.28 and a beta of 1.73. The company has a current ratio of 1.80, a quick ratio of 1.41 and a debt-to-equity ratio of 56.41. First Quantum Minerals has a 52 week low of C$13.30 and a 52 week high of C$23.28. The company's 50 day moving average is C$19.14 and its two-hundred day moving average is C$18.58.

Insider Activity at First Quantum Minerals

In other First Quantum Minerals news, Senior Officer Zenon Wozniak sold 40,000 shares of the stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of C$21.11, for a total transaction of C$844,400.00. Also, Director Charles Kevin Mcarthur acquired 25,000 shares of the company's stock in a transaction on Monday, March 3rd. The stock was acquired at an average cost of C$17.23 per share, for a total transaction of C$430,842.13. Company insiders own 19.35% of the company's stock.

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.