First Quantum Minerals (OTCMKTS:FQVLF) Upgraded to "Hold" at Stifel Canada

Stifel Canada upgraded shares of First Quantum Minerals (OTCMKTS:FQVLF - Free Report) to a hold rating in a research note released on Wednesday morning,Zacks.com reports. Stifel Canada also issued estimates for First Quantum Minerals' FY2025 earnings at $0.46 EPS, FY2026 earnings at $0.28 EPS, FY2027 earnings at $0.54 EPS and FY2028 earnings at $1.70 EPS.

Separately, Canaccord Genuity Group lowered First Quantum Minerals from a "buy" rating to a "hold" rating in a research report on Thursday, January 16th. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

First Quantum Minerals Price Performance

FQVLF stock traded up $0.35 during mid-day trading on Wednesday, reaching $15.83. The company's stock had a trading volume of 287,668 shares, compared to its average volume of 186,036. The company has a current ratio of 2.08, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. The company's 50 day moving average is $13.28 and its two-hundred day moving average is $13.27. First Quantum Minerals has a fifty-two week low of $9.76 and a fifty-two week high of $16.22. The stock has a market cap of $13.20 billion, a PE ratio of -791.25 and a beta of 1.49.

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First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). First Quantum Minerals had a negative return on equity of 0.15% and a net margin of 0.04%. Equities research analysts expect that First Quantum Minerals will post 0.03 EPS for the current year.

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.