First Quantum Minerals (FQVLF) Projected to Post Earnings on Wednesday

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) is anticipated to announce its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $1.04 billion for the quarter.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last announced its earnings results on Tuesday, February 11th. The basic materials company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). First Quantum Minerals had a net margin of 0.04% and a negative return on equity of 0.15%. On average, analysts expect First Quantum Minerals to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

First Quantum Minerals Trading Down 0.7 %

Shares of OTCMKTS FQVLF traded down $0.08 during midday trading on Friday, reaching $11.95. The stock had a trading volume of 153,458 shares, compared to its average volume of 209,466. The company's 50 day moving average price is $13.04 and its 200 day moving average price is $13.22. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 2.08. First Quantum Minerals has a twelve month low of $10.18 and a twelve month high of $16.23. The firm has a market cap of $9.97 billion, a price-to-earnings ratio of -597.45 and a beta of 1.32.

Wall Street Analyst Weigh In

A number of analysts have commented on FQVLF shares. Canaccord Genuity Group raised shares of First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. National Bankshares restated an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, April 2nd. Desjardins began coverage on First Quantum Minerals in a report on Friday, April 4th. They issued a "hold" rating for the company. Stifel Canada raised First Quantum Minerals to a "hold" rating in a research note on Wednesday, March 19th. Finally, BMO Capital Markets raised shares of First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy".

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.