OTCMKTS:FQVLF FY2025 EPS Forecast Reduced by Desjardins

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Desjardins cut their FY2025 earnings per share estimates for shares of First Quantum Minerals in a research note issued to investors on Wednesday, April 23rd. Desjardins analyst B. Adams now expects that the basic materials company will post earnings of $0.41 per share for the year, down from their previous forecast of $1.03. Desjardins currently has a "Hold" rating on the stock. 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 $1.18 EPS and FY2027 earnings at $1.98 EPS.

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 (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.03. First Quantum Minerals had a negative return on equity of 0.15% and a net margin of 0.04%. The company had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.04 billion.

A number of other analysts also recently issued reports on FQVLF. National Bankshares reissued an "outperform" rating on shares of First Quantum Minerals in a report on Wednesday, April 2nd. Stifel Canada raised First Quantum Minerals to a "hold" rating in a report on Wednesday, March 19th. BMO Capital Markets upgraded First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. Canaccord Genuity Group raised shares of First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Finally, Scotiabank reissued a "sector perform" rating on shares of First Quantum Minerals in a report on Friday, April 25th. Four analysts have rated the stock with a hold rating, three have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

First Quantum Minerals Stock Performance

Shares of OTCMKTS:FQVLF traded down $0.25 during trading on Monday, reaching $13.43. 102,143 shares of the stock were exchanged, compared to its average volume of 214,852. The firm has a market cap of $11.20 billion, a PE ratio of -671.50 and a beta of 1.32. The company has a current ratio of 2.08, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. First Quantum Minerals has a 12 month low of $10.18 and a 12 month high of $16.23. The stock has a 50-day moving average price of $12.97 and a 200-day moving average price of $13.20.

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.