Q1 Earnings Forecast for OTCMKTS:FQVLF Issued By Desjardins

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Research analysts at Desjardins issued their Q1 2025 earnings per share estimates for First Quantum Minerals in a note issued to investors on Tuesday, April 22nd. Desjardins analyst B. Adams expects that the basic materials company will earn ($0.01) per share for the quarter. Desjardins has a "Hold" rating on the stock. 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 released its quarterly earnings data on Wednesday, April 23rd. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.03. The firm had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.04 billion. First Quantum Minerals had a negative return on equity of 0.15% and a net margin of 0.04%.

A number of other research analysts have also recently weighed in on FQVLF. BMO Capital Markets upgraded First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. National Bankshares restated an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, April 2nd. Scotiabank restated a "sector perform" rating on shares of First Quantum Minerals in a research report on Friday. Canaccord Genuity Group upgraded First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Finally, Stifel Canada upgraded First Quantum Minerals to a "hold" rating in a research report on Wednesday, March 19th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy".

First Quantum Minerals Price Performance

Shares of FQVLF stock traded down $0.42 during mid-day trading on Friday, reaching $13.44. The stock had a trading volume of 175,654 shares, compared to its average volume of 216,963. First Quantum Minerals has a 12-month low of $10.18 and a 12-month high of $16.23. The company has a market cap of $11.21 billion, a P/E ratio of -672.00 and a beta of 1.32. The business has a 50-day simple moving average of $12.95 and a 200 day simple moving average of $13.20. The company has a current ratio of 2.08, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49.

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.