FY2025 EPS Estimates for OTCMKTS:FQVLF Lifted by Desjardins

Key Points

• Desjardins has raised its FY2025 earnings per share (EPS) estimate for First Quantum Minerals from $0.18 to $0.25, while the consensus estimate for the current year is only $0.03.
• The company's recent earnings report showed a quarterly EPS of $0.02, exceeding expectations, with revenues of $1.23 billion surpassing analyst estimates of $1.06 billion.
• First Quantum Minerals has received a consensus rating of "Moderate Buy" from analysts, with two holding a Strong Buy rating and several others recommending either "Buy" or "Hold".

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Equities research analysts at Desjardins boosted their FY2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a research report issued on Wednesday, October 1st. Desjardins analyst B. Adams now forecasts that the basic materials company will post earnings per share of $0.25 for the year, up from their prior estimate of $0.18. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share. Desjardins also issued estimates for First Quantum Minerals' FY2026 earnings at $1.19 EPS.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last released its earnings results on Wednesday, July 23rd. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.06 billion.

Several other equities analysts have also recently weighed in on FQVLF. Raymond James Financial raised shares of First Quantum Minerals to a "hold" rating in a research note on Monday, June 30th. Royal Bank Of Canada reissued an "outperform" rating on shares of First Quantum Minerals in a research report on Friday, July 25th. Barclays restated an "overweight" rating on shares of First Quantum Minerals in a research note on Monday, July 28th. Scotiabank reiterated a "sector perform" rating on shares of First Quantum Minerals in a research note on Tuesday, July 8th. Finally, National Bankshares reiterated an "outperform" rating on shares of First Quantum Minerals in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

First Quantum Minerals Stock Up 2.5%

OTCMKTS:FQVLF opened at $23.16 on Monday. First Quantum Minerals has a twelve month low of $10.18 and a twelve month high of $23.44. The firm has a market capitalization of $19.32 billion, a price-to-earnings ratio of 96.50 and a beta of 1.36. The company has a quick ratio of 1.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.48. The stock's 50 day moving average price is $18.33 and its two-hundred day moving average price is $16.06.

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.

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