First Quantum Minerals Ltd. (OTCMKTS:FQVLF – Free Report) – Stifel Canada cut their FY2027 earnings per share (EPS) estimates for shares of First Quantum Minerals in a research note issued to investors on Thursday, January 23rd. Stifel Canada analyst C. Mcgill now forecasts that the basic materials company will post earnings per share of $0.85 for the year, down from their previous estimate of $1.04. The consensus estimate for First Quantum Minerals’ current full-year earnings is ($0.06) per share.
Several other analysts have also weighed in on the company. Canaccord Genuity Group lowered First Quantum Minerals from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Barclays upgraded First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 12th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $16.00.
First Quantum Minerals Price Performance
Shares of OTCMKTS:FQVLF opened at $13.16 on Friday. First Quantum Minerals has a 1-year low of $8.22 and a 1-year high of $15.23. The firm has a market capitalization of $10.98 billion, a PE ratio of -5.90, a PEG ratio of 42.06 and a beta of 1.50. The business’s 50 day moving average is $13.43 and its 200-day moving average is $12.90. The company has a current ratio of 1.80, a quick ratio of 0.93 and a debt-to-equity ratio of 0.48.
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.
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