OTCMKTS:FQVLF FY2026 EPS Forecast Raised by Scotiabank

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Investment analysts at Scotiabank upped their FY2026 EPS estimates for First Quantum Minerals in a research report issued to clients and investors on Sunday, April 13th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will earn $0.94 per share for the year, up from their previous estimate of $0.90. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate 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%.

A number of other equities analysts also recently issued reports on the company. BMO Capital Markets upgraded First Quantum Minerals to a "strong-buy" rating in a research note on Tuesday. Canaccord Genuity Group raised First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Desjardins started coverage on First Quantum Minerals in a research report on Friday, April 4th. They issued a "hold" rating for the company. Stifel Canada upgraded shares of First Quantum Minerals to a "hold" rating in a research report on Wednesday, March 19th. Finally, National Bankshares reiterated an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, April 2nd. Three analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, First Quantum Minerals currently has an average rating of "Buy".

First Quantum Minerals Trading Down 0.7 %

First Quantum Minerals stock traded down $0.08 during trading hours on Wednesday, reaching $11.95. 153,458 shares of the company's stock were exchanged, compared to its average volume of 209,466. The firm's 50 day simple moving average is $13.04 and its 200 day simple moving average is $13.23. The firm has a market capitalization of $9.97 billion, a PE ratio of -597.45 and a beta of 1.32. The company has a quick ratio of 0.93, a current ratio of 2.08 and a debt-to-equity ratio of 0.49. First Quantum Minerals has a twelve month low of $10.18 and a twelve month high of $16.23.

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.