FY2025 EPS Estimates for OTCMKTS:FQVLF Decreased by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - National Bank Financial cut their FY2025 earnings per share estimates for First Quantum Minerals in a research note issued to investors on Tuesday, July 8th. National Bank Financial analyst S. Nagle now anticipates that the basic materials company will post earnings per share of $0.23 for the year, down from their prior forecast of $0.31. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share.

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) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.06) by $0.03. The business had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.04 billion. First Quantum Minerals had a net margin of 2.78% and a return on equity of 1.19%.

Several other research firms have also commented on FQVLF. Desjardins started coverage on shares of First Quantum Minerals in a research report on Friday, April 4th. They set a "hold" rating on the stock. Scotiabank restated a "sector perform" rating on shares of First Quantum Minerals in a research report on Friday, April 25th. BMO Capital Markets upgraded shares of First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. Raymond James Financial upgraded shares of First Quantum Minerals to a "hold" rating in a research report on Monday, June 30th. Finally, Canaccord Genuity Group upgraded shares of First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy".

First Quantum Minerals Stock Down 3.1%

OTCMKTS:FQVLF opened at $17.16 on Thursday. The firm has a market capitalization of $14.31 billion, a P/E ratio of 107.26 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. The company's fifty day moving average price is $15.47 and its 200-day moving average price is $13.93. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.87 and a quick ratio of 0.94.

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.

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