OTCMKTS:FQVLF FY2025 EPS Forecast Decreased by Scotiabank

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Investment analysts at Scotiabank decreased their FY2025 EPS estimates for shares of First Quantum Minerals in a report issued on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will earn ($0.48) per share for the year, down from their previous forecast of ($0.41). The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share.

First Quantum Minerals (OTCMKTS:FQVLF) last posted its earnings results on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). First Quantum Minerals had a negative return on equity of 0.15% and a net margin of 0.04%.

A number of other analysts have also recently weighed in on the stock. Stifel Canada raised shares of First Quantum Minerals to a “hold” rating in a research report on Wednesday, March 19th. Canaccord Genuity Group downgraded First Quantum Minerals from a “buy” rating to a “hold” rating in a research report on Thursday, January 16th. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

First Quantum Minerals Price Performance

First Quantum Minerals stock opened at $15.83 on Monday. The firm has a fifty day moving average of $13.28 and a 200-day moving average of $13.27. First Quantum Minerals has a 52-week low of $9.76 and a 52-week high of $16.22. The company has a quick ratio of 0.93, a current ratio of 2.08 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $13.20 billion, a P/E ratio of -791.25 and a beta of 1.49.

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.