Brokers Set Expectations for OTCMKTS:FQVLF FY2025 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Stock analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a report issued on Wednesday, October 23rd. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings per share of $0.51 for the year, up from their prior forecast of $0.47. The consensus estimate for First Quantum Minerals' current full-year earnings is ($0.23) per share. National Bank Financial also issued estimates for First Quantum Minerals' FY2026 earnings at $1.63 EPS.

Separately, Morgan Stanley cut First Quantum Minerals from an "overweight" rating to an "equal weight" rating in a research report on Monday, July 8th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, First Quantum Minerals presently has an average rating of "Hold" and an average target price of $16.00.

First Quantum Minerals Stock Performance

FQVLF traded up $0.32 during midday trading on Friday, hitting $13.67. 234,970 shares of the company traded hands, compared to its average volume of 266,497. The company's 50-day moving average is $12.72 and its 200 day moving average is $12.63. First Quantum Minerals has a 52 week low of $6.92 and a 52 week high of $20.81. The firm has a market capitalization of $11.40 billion, a PE ratio of -7.85 and a beta of 1.50. The company has a quick ratio of 1.32, a current ratio of 2.68 and a debt-to-equity ratio of 0.49.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.12. The business had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.09 billion. First Quantum Minerals had a negative return on equity of 0.57% and a negative net margin of 24.07%.

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.