Brokers Issue Forecasts for TSE:FM Q1 Earnings

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Investment analysts at Raymond James issued their Q1 2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a report released on Tuesday, April 15th. Raymond James analyst F. Hamed forecasts that the company will post earnings of ($0.03) per share for the quarter. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.56 per share. Raymond James also issued estimates for First Quantum Minerals' FY2025 earnings at $0.33 EPS.

Several other research firms have also commented on FM. Morgan Stanley lowered their price target on shares of First Quantum Minerals from C$19.70 to C$19.40 in a report on Wednesday, April 9th. Royal Bank of Canada increased their price objective on shares of First Quantum Minerals from C$23.00 to C$24.00 in a report on Wednesday, January 8th. Stifel Canada raised First Quantum Minerals to a "hold" rating in a research note on Wednesday, March 19th. BMO Capital Markets raised First Quantum Minerals to a "strong-buy" rating in a research note on Tuesday, April 15th. Finally, Desjardins raised shares of First Quantum Minerals to a "hold" rating in a research note on Thursday, April 3rd. Eight research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$21.77.

First Quantum Minerals Stock Performance

First Quantum Minerals stock traded up C$1.17 during mid-day trading on Friday, reaching C$17.83. 2,692,211 shares of the company traded hands, compared to its average volume of 2,716,637. First Quantum Minerals has a fifty-two week low of C$13.81 and a fifty-two week high of C$23.28. The firm's fifty day moving average is C$18.47 and its two-hundred day moving average is C$18.71. The company has a debt-to-equity ratio of 56.41, a current ratio of 1.80 and a quick ratio of 1.41. The company has a market capitalization of C$10.12 billion, a price-to-earnings ratio of -6.59, a price-to-earnings-growth ratio of -1.28 and a beta of 1.73.

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

Insider Buying and Selling

In other news, Senior Officer Zenon Wozniak sold 40,000 shares of the company's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of C$21.11, for a total transaction of C$844,400.00. Also, Director Alison Cheryl Beckett purchased 1,388 shares of the business's stock in a transaction dated Monday, March 31st. The stock was bought at an average price of C$19.25 per share, with a total value of C$26,719.00. Corporate insiders own 19.35% of the company's stock.

First Quantum Minerals Company Profile

First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite.