FY2025 EPS Estimates for OTCMKTS:FQVLF Raised by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Stock analysts at National Bank Financial upped their FY2025 earnings per share estimates for shares of First Quantum Minerals in a report issued on Wednesday, October 23rd. National Bank Financial analyst S. Nagle now expects that the basic materials company will earn $0.51 per share for the year, up from their previous 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.

First Quantum Minerals (OTCMKTS:FQVLF) last released its earnings results 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. First Quantum Minerals had a negative return on equity of 0.57% and a negative net margin of 24.07%. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.09 billion.

Separately, Morgan Stanley downgraded 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’s stock. Based on data from MarketBeat.com, First Quantum Minerals has a consensus rating of “Hold” and an average target price of $16.00.

First Quantum Minerals Price Performance

OTCMKTS FQVLF opened at $13.67 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.68 and a quick ratio of 1.32. The stock’s fifty day moving average price is $12.72 and its 200 day moving average price is $12.63. First Quantum Minerals has a 1 year low of $6.92 and a 1 year high of $20.81. The company has a market cap of $11.40 billion, a price-to-earnings ratio of -7.85 and a beta of 1.50.

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.