National Bank Financial Predicts TSE:FM FY2025 Earnings

First Quantum Minerals Ltd. (TSE:FM) – Stock analysts at National Bank Financial upped their FY2025 EPS estimates for shares of First Quantum Minerals in a research note issued on Wednesday, October 23rd. National Bank Financial analyst S. Nagle now expects that the company will earn $0.70 per share for the year, up from their previous 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) last announced its quarterly earnings data on Tuesday, July 23rd. The company reported C($0.03) earnings per share for the quarter, topping the consensus estimate of C($0.05) by C$0.02. The firm had revenue of C$1.68 billion during the quarter, compared to analysts’ expectations 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 analysts have also recently weighed in on the company. Canaccord Genuity Group boosted their price objective on First Quantum Minerals from C$22.00 to C$25.00 in a report on Monday, July 22nd. National Bankshares boosted their price objective on First Quantum Minerals from C$21.00 to C$22.50 and gave the stock an “outperform” rating in a report on Thursday. Barclays lowered 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 note on Wednesday, October 16th. CIBC upped their price target on First Quantum Minerals from C$18.00 to C$20.00 in a research note on Wednesday. Finally, JPMorgan Chase & Co. upped their price target on First Quantum Minerals from C$18.00 to C$20.00 in a research note on Thursday, October 10th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of C$20.83.

First Quantum Minerals Stock Performance

The company has a market cap of C$15.77 billion, a PE ratio of -7.58, a P/E/G ratio of -1.28 and a beta of 1.73. First Quantum Minerals has a twelve month low of C$9.31 and a twelve month high of C$28.80. The company has a debt-to-equity ratio of 67.00, a current ratio of 2.35 and a quick ratio of 1.41. The stock’s fifty day moving average price is C$17.15 and its 200-day moving average price is C$17.14.

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 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. Also, Senior Officer Ryan Leslie Macwilliam sold 16,000 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of C$16.54, for a total value of C$264,640.00. Insiders own 19.35% of the company’s stock.

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.