FY2024 EPS Estimates for OTCMKTS:FQVLF Lifted by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Stock analysts at National Bank Financial upped their FY2024 earnings per share estimates for First Quantum Minerals in a research note issued on Tuesday, February 4th. National Bank Financial analyst S. Nagle now expects that the basic materials company will post earnings of $0.03 per share for the year, up from their prior estimate of $0.02. The consensus estimate for First Quantum Minerals' current full-year earnings is ($0.05) per share.

Several other equities analysts have also recently issued reports on FQVLF. Barclays upgraded First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, November 12th. Canaccord Genuity Group lowered shares of First Quantum Minerals from a "buy" rating to a "hold" rating in a report on Thursday, January 16th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $16.00.

First Quantum Minerals Stock Up 2.3 %

OTCMKTS FQVLF traded up $0.31 on Thursday, hitting $13.84. 314,060 shares of the stock traded hands, compared to its average volume of 196,570. The company has a market capitalization of $11.55 billion, a P/E ratio of -6.21, a price-to-earnings-growth ratio of 52.65 and a beta of 1.47. The stock has a 50-day moving average of $13.33 and a 200 day moving average of $12.91. The company has a current ratio of 1.80, a quick ratio of 0.93 and a debt-to-equity ratio of 0.48. First Quantum Minerals has a twelve month low of $8.22 and a twelve month high of $15.23.

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.