FY2025 EPS Estimates for OTCMKTS:FQVLF Raised by Analyst

Key Points

• Analysts at National Bank Financial have raised their FY2025 EPS estimates for First Quantum Minerals to $0.24 per share, an increase from the previous estimate of $0.19.
• Several firms have issued ratings for the stock, with an average rating of "Moderate Buy", including 2 Strong Buy and 3 Buy ratings.
• As of Thursday, shares of First Quantum Minerals have traded up 2.9%, with a current price of $20.72 and a market cap of $17.28 billion.

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Equities research analysts at National Bank Financial increased their FY2025 EPS estimates for shares of First Quantum Minerals in a report released on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings of $0.24 per share for the year, up from their previous estimate of $0.19. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share.

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

First Quantum Minerals Trading Up 2.9%

Shares of FQVLF stock opened at $20.72 on Thursday. First Quantum Minerals has a 1-year low of $10.18 and a 1-year high of $21.99. The firm has a market cap of $17.28 billion, a PE ratio of 86.32 and a beta of 1.35. The company has a 50-day moving average of $17.66 and a two-hundred day moving average of $15.64. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.00 and a quick ratio of 1.00.

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

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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