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

Raymond James Financial upgraded shares of First Quantum Minerals (OTCMKTS:FQVLF - Free Report) to a hold rating in a report released 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.

A number of other equities research analysts have also issued reports on the stock. Stifel Canada raised shares of First Quantum Minerals to a "hold" rating in a report on Wednesday, March 19th. Desjardins began coverage on shares of First Quantum Minerals in a report on Friday, April 4th. They issued a "hold" rating on the stock. National Bankshares restated an "outperform" rating on shares of First Quantum Minerals in a report on Wednesday, April 2nd. Barclays reaffirmed an "overweight" rating on shares of First Quantum Minerals in a research report on Tuesday, May 6th. Finally, Scotiabank reiterated a "sector perform" rating on shares of First Quantum Minerals in a research report on Friday, April 25th. Five equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

First Quantum Minerals Price Performance

Shares of First Quantum Minerals stock traded down $0.04 on Monday, hitting $18.43. 102,788 shares of the company were exchanged, compared to its average volume of 178,569. The company has a quick ratio of 0.94, a current ratio of 1.87 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average price of $15.22 and a 200 day moving average price of $13.82. The stock has a market capitalization of $15.37 billion, a price-to-earnings ratio of 115.19 and a beta of 1.38. First Quantum Minerals has a 1-year low of $10.18 and a 1-year high of $19.00.

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

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.