FY2025 Earnings Forecast for TSE:FM Issued By Stifel Canada

Key Points

• Stifel Canada has raised its FY2025 earnings per share estimate for First Quantum Minerals to $0.36, up from $0.25, while maintaining a "Strong-Buy" rating on the stock.
• Multiple analysts have increased their price targets for First Quantum Minerals, with Citigroup raising it from C$26.00 to C$39.00, highlighting strong market confidence.
• First Quantum Minerals' shares have a 52-week range between C$14.41 and C$33.88, indicating significant volatility in its trading history.

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Investment analysts at Stifel Canada upped their FY2025 earnings per share estimates for shares of First Quantum Minerals in a research note issued on Tuesday, October 21st. Stifel Canada analyst R. Profiti now anticipates that the company will post earnings per share of $0.36 for the year, up from their previous estimate of $0.25. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.56 per share. Stifel Canada also issued estimates for First Quantum Minerals' Q4 2025 earnings at $0.17 EPS, FY2026 earnings at $1.40 EPS and FY2027 earnings at $1.76 EPS.

FM has been the subject of several other research reports. Citigroup boosted their price target on First Quantum Minerals from C$26.00 to C$39.00 and gave the stock a "buy" rating in a research note on Wednesday, October 8th. TD Securities upped their price objective on First Quantum Minerals from C$30.00 to C$35.00 in a research note on Tuesday. Morgan Stanley increased their price target on First Quantum Minerals from C$24.60 to C$31.20 in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised First Quantum Minerals from a "neutral" rating to an "overweight" rating and raised their price target for the stock from C$20.00 to C$42.00 in a research note on Friday, October 10th. Finally, Scotiabank raised their price objective on First Quantum Minerals from C$28.00 to C$34.00 and gave the stock a "sector perform" rating in a report on Tuesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$33.73.

First Quantum Minerals Trading Up 1.1%

FM opened at C$29.89 on Friday. The business has a 50 day moving average of C$27.60 and a 200-day moving average of C$23.30. The stock has a market cap of C$24.93 billion, a PE ratio of 119.56, a PEG ratio of -1.28 and a beta of 1.58. First Quantum Minerals has a 52 week low of C$14.41 and a 52 week high of C$33.88. The company has a quick ratio of 1.41, a current ratio of 1.80 and a debt-to-equity ratio of 56.41.

Insider Buying and Selling

In other First Quantum Minerals news, Senior Officer Zenon Wozniak sold 8,135 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of C$22.82, for a total transaction of C$185,640.70. Company insiders own 19.35% of the company's stock.

About First Quantum Minerals

First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite.

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