FY2026 Earnings Estimate for TSE:FM Issued By Stifel Canada

Key Points

• Stifel Canada has raised its FY2026 EPS estimate for First Quantum Minerals to $0.82 per share from a prior estimate of $0.71, indicating improved earnings expectations.
• Several analysts have recently upgraded their ratings on First Quantum Minerals, with BMO Capital Markets issuing a "strong-buy" rating and National Bankshares raising their target price from C$24.00 to C$27.50.
• As of recent trading, First Quantum Minerals’ stock is priced at C$23.66, up 2.2%, and has seen significant insider trading activity, including purchases by Director Alison Cheryl Beckett.

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Equities research analysts at Stifel Canada increased their FY2026 EPS estimates for First Quantum Minerals in a research report issued on Tuesday, August 5th. Stifel Canada analyst R. Profiti now expects that the company will earn $0.82 per share for the year, up from their prior estimate of $0.71. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.56 per share.

A number of other research analysts also recently issued reports on the stock. BMO Capital Markets upgraded shares of First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. Stifel Nicolaus lifted their target price on shares of First Quantum Minerals from C$25.00 to C$26.00 and gave the stock a "hold" rating in a report on Wednesday. Royal Bank Of Canada increased their price target on First Quantum Minerals from C$24.00 to C$25.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. Raymond James Financial upgraded First Quantum Minerals to a "hold" rating in a report on Monday, June 30th. Finally, National Bankshares increased their target price on First Quantum Minerals from C$24.00 to C$27.50 and gave the company an "outperform" rating in a research note on Wednesday, July 9th. Seven investment analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$22.99.

First Quantum Minerals Trading Up 2.2%

FM stock traded up C$0.50 during trading on Friday, hitting C$23.66. The company had a trading volume of 282,404 shares, compared to its average volume of 2,474,946. The firm has a 50-day moving average price of C$22.82 and a 200-day moving average price of C$20.21. First Quantum Minerals has a 12 month low of C$13.81 and a 12 month high of C$25.96. The company has a quick ratio of 1.41, a current ratio of 1.80 and a debt-to-equity ratio of 56.41. The stock has a market cap of C$13.43 billion, a price-to-earnings ratio of -8.74, a PEG ratio of -1.28 and a beta of 1.73.

Insiders Place Their Bets

In related news, Director Alison Cheryl Beckett purchased 1,029 shares of First Quantum Minerals stock in a transaction that occurred on Wednesday, July 2nd. The shares were acquired at an average price of C$24.59 per share, with a total value of C$25,307.84. Also, Senior Officer Zenon Wozniak sold 8,135 shares of First Quantum Minerals stock in a transaction on Friday, August 1st. The shares were sold at an average price of C$22.82, for a total value of C$185,640.70. Company insiders own 19.35% of the company's stock.

About First Quantum Minerals

First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite.

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