Analysts Offer Predictions for TSE:FM FY2025 Earnings

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Analysts at National Bank Financial increased their FY2025 earnings per share estimates for First Quantum Minerals in a research report issued on Wednesday, October 23rd. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of $0.70 for the year, up from their prior forecast of $0.64. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.56 per share. National Bank Financial also issued estimates for First Quantum Minerals' FY2026 earnings at $2.25 EPS.

First Quantum Minerals (TSE:FM - Get Free Report) last issued its earnings results on Tuesday, July 23rd. The company reported C($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of C($0.05) by C$0.02. The firm had revenue of C$1.68 billion for the quarter, compared to analyst estimates of C$1.42 billion. First Quantum Minerals had a negative return on equity of 14.87% and a negative net margin of 24.07%.

Several other equities analysts have also recently weighed in on the company. Jefferies Financial Group lifted their price target on First Quantum Minerals from C$19.50 to C$23.00 in a research report on Monday, July 8th. Canaccord Genuity Group lifted their price target on First Quantum Minerals from C$22.00 to C$25.00 in a research report on Monday, July 22nd. JPMorgan Chase & Co. lifted their price target on First Quantum Minerals from C$18.00 to C$20.00 in a research report on Thursday, October 10th. CIBC lifted their price target on First Quantum Minerals from C$18.00 to C$20.00 in a research report on Wednesday. Finally, Barclays reduced their price target on First Quantum Minerals from C$18.00 to C$17.00 and set an "equal weight" rating for the company in a research report on Wednesday, October 16th. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of C$20.83.

First Quantum Minerals Price Performance

The company has a market capitalization of C$15.77 billion, a price-to-earnings ratio of -7.58, a PEG ratio of -1.28 and a beta of 1.73. The company has a 50-day moving average price of C$17.15 and a two-hundred day moving average price of C$17.14. The company has a debt-to-equity ratio of 67.00, a quick ratio of 1.41 and a current ratio of 2.35. First Quantum Minerals has a one year low of C$9.31 and a one year high of C$28.80.

Insiders Place Their Bets

In other First Quantum Minerals news, Senior Officer Zenon Wozniak sold 6,323 shares of the company's stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of C$18.53, for a total transaction of C$117,165.19. In other First Quantum Minerals news, Senior Officer Ryan Leslie Macwilliam sold 16,000 shares of the firm's stock in a transaction dated Monday, July 29th. The shares were sold at an average price of C$16.54, for a total transaction of C$264,640.00. Also, Senior Officer Zenon Wozniak sold 6,323 shares of First Quantum Minerals stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of C$18.53, for a total transaction of C$117,165.19. Company insiders own 19.35% of the company's stock.

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.