Raymond James Has Negative View of OTCMKTS:FQVLF Q1 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Equities research analysts at Raymond James cut their Q1 2025 EPS estimates for shares of First Quantum Minerals in a research note issued to investors on Thursday, February 6th. Raymond James analyst F. Hamed now forecasts that the basic materials company will earn $0.01 per share for the quarter, down from their prior estimate of $0.04. The consensus estimate for First Quantum Minerals' current full-year earnings is ($0.05) per share. Raymond James also issued estimates for First Quantum Minerals' Q2 2025 earnings at $0.01 EPS and FY2025 earnings at $0.19 EPS.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). First Quantum Minerals had a negative return on equity of 2.69% and a negative net margin of 32.41%.

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

First Quantum Minerals Stock Performance

Shares of OTCMKTS FQVLF traded up $0.67 during mid-day trading on Monday, hitting $13.95. The company had a trading volume of 86,157 shares, compared to its average volume of 198,202. The stock has a market cap of $11.64 billion, a price-to-earnings ratio of -6.26, a PEG ratio of 52.65 and a beta of 1.47. The firm's 50 day simple moving average is $13.31 and its two-hundred day simple moving average is $12.94. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.80 and a quick ratio of 0.93. First Quantum Minerals has a 12 month low of $8.22 and a 12 month high of $15.23.

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.