Raymond James Predicts OTCMKTS:FQVLF Q1 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Raymond James issued their Q1 2025 earnings per share estimates for shares of First Quantum Minerals in a note issued to investors on Tuesday, April 15th. Raymond James analyst F. Hamed anticipates that the basic materials company will earn ($0.02) per share for the quarter. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share. Raymond James also issued estimates for First Quantum Minerals' FY2025 earnings at $0.23 EPS.

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

First Quantum Minerals Price Performance

First Quantum Minerals stock opened at $11.95 on Friday. The firm's 50-day moving average is $13.06 and its two-hundred day moving average is $13.24. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.08 and a quick ratio of 0.93. The stock has a market capitalization of $9.97 billion, a P/E ratio of -597.45 and a beta of 1.32. First Quantum Minerals has a 12-month low of $10.18 and a 12-month high of $16.23.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last issued its quarterly earnings data 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 net margin of 0.04% and a negative return on equity of 0.15%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.