What is Stifel Canada’s Forecast for TSE:FM FY2025 Earnings?

First Quantum Minerals Ltd. (TSE:FM) – Stock analysts at Stifel Canada issued their FY2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a note issued to investors on Wednesday, March 19th. Stifel Canada analyst R. Profiti anticipates that the company will post earnings of $0.66 per share for the year. Stifel Canada currently has a “Hold” rating on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.56 per share. Stifel Canada also issued estimates for First Quantum Minerals’ FY2026 earnings at $0.40 EPS, FY2027 earnings at $0.77 EPS and FY2028 earnings at $2.26 EPS.

First Quantum Minerals (TSE:FM) last posted its quarterly earnings results on Tuesday, February 11th. The company reported C$0.04 EPS for the quarter, topping analysts’ consensus estimates of C$0.03 by C$0.01. First Quantum Minerals had a negative return on equity of 14.05% and a negative net margin of 32.41%. During the same period in the previous year, the firm posted ($0.37) EPS.

FM has been the topic of a number of other reports. TD Securities boosted their price target on First Quantum Minerals from C$19.00 to C$20.00 and gave the stock a “hold” rating in a report on Thursday, February 13th. Morgan Stanley lifted their price objective on First Quantum Minerals from C$20.20 to C$22.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Barclays reduced their price objective on First Quantum Minerals from C$25.00 to C$23.40 in a research note on Thursday, January 30th. Canaccord Genuity Group downgraded First Quantum Minerals from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$24.00 to C$20.00 in a research note on Thursday, January 16th. Finally, JPMorgan Chase & Co. reduced their price objective on First Quantum Minerals from C$18.00 to C$17.00 in a research note on Thursday, January 30th. Ten analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of C$21.57.

First Quantum Minerals Stock Up 0.2 %

TSE FM opened at C$22.23 on Friday. The stock’s 50 day moving average is C$19.01 and its 200 day moving average is C$18.50. The company has a current ratio of 1.80, a quick ratio of 1.41 and a debt-to-equity ratio of 56.41. First Quantum Minerals has a 12 month low of C$13.30 and a 12 month high of C$23.24. The stock has a market cap of C$12.62 billion, a PE ratio of -8.22, a P/E/G ratio of -1.28 and a beta of 1.73.

Insider Activity

In other First Quantum Minerals news, Director Simon John Scott acquired 1,397 shares of the business’s stock in a transaction on Tuesday, December 31st. The shares were bought at an average price of C$18.57 per share, with a total value of C$25,942.29. Also, Senior Officer Zenon Wozniak sold 40,000 shares of the company’s stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of C$21.11, for a total value of C$844,400.00. Corporate 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.