First Quantum Minerals (OTCMKTS:FQVLF) Upgraded to Hold at Raymond James Financial

Raymond James Financial upgraded shares of First Quantum Minerals (OTCMKTS:FQVLF - Free Report) to a hold rating in a research note issued to investors on Monday,Zacks.com reports. Raymond James Financial also issued estimates for First Quantum Minerals' Q2 2025 earnings at $0.06 EPS, Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.10 EPS and FY2025 earnings at $0.23 EPS.

FQVLF has been the subject of a number of other research reports. Desjardins started coverage on shares of First Quantum Minerals in a research report on Friday, April 4th. They set a "hold" rating for the company. National Bankshares restated an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, April 2nd. BMO Capital Markets upgraded First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. Stifel Canada raised First Quantum Minerals to a "hold" rating in a research note on Wednesday, March 19th. Finally, Barclays reaffirmed an "overweight" rating on shares of First Quantum Minerals in a research note on Tuesday, May 6th. Five analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy".

First Quantum Minerals Price Performance

Shares of OTCMKTS FQVLF traded up $0.78 during mid-day trading on Monday, reaching $18.47. The company's stock had a trading volume of 136,372 shares, compared to its average volume of 179,952. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.87 and a quick ratio of 0.94. First Quantum Minerals has a 52 week low of $10.18 and a 52 week high of $19.00. The stock has a fifty day moving average of $14.93 and a two-hundred day moving average of $13.71. The firm has a market capitalization of $15.41 billion, a PE ratio of 115.44 and a beta of 1.38.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The basic materials company reported ($0.03) EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.03. First Quantum Minerals had a return on equity of 1.19% and a net margin of 2.78%. The company had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.04 billion. As a group, sell-side analysts anticipate that First Quantum Minerals will post 0.03 EPS for the current fiscal year.

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.