FY2025 EPS Estimates for OTCMKTS:FQVLF Increased by Analyst

Key Points

• Analysts from National Bank Financial have significantly increased their FY2025 earnings per share (EPS) estimate for First Quantum Minerals to $0.19, up from the previous estimate of $0.03.
• First Quantum reported a quarterly EPS of $0.02, outperforming consensus estimates, with revenue of $1.23 billion for the quarter, exceeding expectations of $1.06 billion.
• Analyst ratings for First Quantum Minerals are generally positive, with several institutions issuing "outperform" or "overweight" ratings on the stock, indicating a strong market sentiment.

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Equities research analysts at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for First Quantum Minerals in a research note issued to investors on Tuesday, August 12th. National Bank Financial analyst S. Nagle now anticipates that the basic materials company will post earnings of $0.19 per share for the year, up from their prior forecast of $0.03. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share. National Bank Financial also issued estimates for First Quantum Minerals' FY2026 earnings at $0.25 EPS and FY2027 earnings at $1.55 EPS.

FQVLF has been the subject of several other reports. Royal Bank Of Canada reiterated an "outperform" rating on shares of First Quantum Minerals in a report on Friday, July 25th. Barclays reaffirmed an "overweight" rating on shares of First Quantum Minerals in a research note on Monday, July 28th. Scotiabank reissued a "sector perform" rating on shares of First Quantum Minerals in a research note on Tuesday, July 8th. National Bankshares reaffirmed an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, August 13th. Finally, Raymond James Financial raised First Quantum Minerals to a "hold" rating in a research report on Monday, June 30th. Five investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

First Quantum Minerals Trading Down 1.0%

FQVLF traded down $0.17 during trading on Friday, reaching $16.94. The company had a trading volume of 62,148 shares, compared to its average volume of 156,718. The firm's 50-day simple moving average is $16.92 and its 200 day simple moving average is $14.70. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 2.00. The company has a market cap of $14.13 billion, a price-to-earnings ratio of 70.59 and a beta of 1.38. First Quantum Minerals has a 12-month low of $10.18 and a 12-month high of $19.00.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.03) by $0.05. First Quantum Minerals had a return on equity of 1.44% and a net margin of 4.08%. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.06 billion.

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.