Analysts Issue Forecasts for OTCMKTS:FQVLF FY2026 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Research analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for First Quantum Minerals in a report issued on Sunday, April 13th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings of $0.94 per share for the year, up from their prior forecast of $0.90. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share.

FQVLF has been the subject of a number of other research reports. Canaccord Genuity Group upgraded First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. BMO Capital Markets upgraded shares of First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. National Bankshares reaffirmed an "outperform" rating on shares of First Quantum Minerals in a research note on Wednesday, April 2nd. Desjardins assumed coverage on First Quantum Minerals in a report on Friday, April 4th. They set a "hold" rating on the stock. Finally, Stifel Canada upgraded First Quantum Minerals to a "hold" rating in a research report on Wednesday, March 19th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, First Quantum Minerals currently has a consensus rating of "Buy".

First Quantum Minerals Stock Performance

Shares of OTCMKTS FQVLF traded down $0.08 during midday trading on Wednesday, hitting $11.95. 153,458 shares of the company's stock were exchanged, compared to its average volume of 209,466. First Quantum Minerals has a twelve month low of $10.18 and a twelve month high of $16.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.08 and a quick ratio of 0.93. The firm has a market cap of $9.97 billion, a P/E ratio of -597.45 and a beta of 1.32. The stock's 50 day moving average price is $13.04 and its 200-day moving average price is $13.22.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). First Quantum Minerals had a net margin of 0.04% and a negative return on equity of 0.15%.

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.