OTCMKTS:FQVLF FY2026 EPS Estimate Increased by Desjardins

Key Points

• Desjardins analysts have raised First Quantum Minerals' FY2026 earnings per share (EPS) estimate from $0.95 to $0.98, alongside a new estimate of $1.98 EPS for FY2027.
• The stock has received a consensus rating of Moderate Buy, with various analysts assigning "outperform" and "buy" ratings.
• First Quantum Minerals reported a quarterly earnings beat, with an EPS of $0.02 versus a consensus estimate of ($0.03), alongside revenue of $1.23 billion.

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Desjardins raised their FY2026 earnings estimates for First Quantum Minerals in a report released on Tuesday, August 19th. Desjardins analyst B. Adams now expects that the basic materials company will earn $0.98 per share for the year, up from their previous estimate of $0.95. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share. Desjardins also issued estimates for First Quantum Minerals' FY2027 earnings at $1.98 EPS.

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

Other research analysts also recently issued reports about the stock. National Bankshares reiterated an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, August 13th. TD Securities reiterated a "hold" rating on shares of First Quantum Minerals in a research report on Friday, July 25th. Scotiabank reiterated a "sector perform" rating on shares of First Quantum Minerals in a research report on Tuesday, July 8th. Raymond James Financial upgraded shares of First Quantum Minerals to a "hold" rating in a research report on Monday, June 30th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of First Quantum Minerals in a research report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

First Quantum Minerals Stock Performance

FQVLF stock traded down $0.34 on Friday, hitting $16.83. The company had a trading volume of 9,876 shares, compared to its average volume of 190,258. First Quantum Minerals has a 12-month low of $10.18 and a 12-month high of $19.00. The company has a current ratio of 2.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.48. The stock's 50-day simple moving average is $17.05 and its 200 day simple moving average is $14.83. The stock has a market cap of $14.04 billion, a price-to-earnings ratio of 70.13 and a beta of 1.38.

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.