Research Analysts Issue Forecasts for TSE:FM Q2 Earnings

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Stock analysts at National Bank Financial lifted their Q2 2025 earnings per share estimates for shares of First Quantum Minerals in a research report issued to clients and investors on Tuesday, July 8th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of ($0.05) per share for the quarter, up from their previous estimate of ($0.10). The consensus estimate for First Quantum Minerals' current full-year earnings is $0.56 per share. National Bank Financial also issued estimates for First Quantum Minerals' FY2026 earnings at $0.31 EPS.

A number of other equities research analysts also recently weighed in on the company. Canaccord Genuity Group upgraded First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. National Bankshares boosted 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. BMO Capital Markets upgraded First Quantum Minerals to a "strong-buy" rating in a report on Tuesday, April 15th. Royal Bank Of Canada upped their price objective 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. Finally, Stifel Canada upgraded First Quantum Minerals to a "hold" rating in a research note on Wednesday, March 19th. Six investment analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, First Quantum Minerals currently has an average rating of "Moderate Buy" and a consensus target price of C$22.32.

First Quantum Minerals Price Performance

FM traded down C$0.08 during trading on Friday, hitting C$23.24. The company's stock had a trading volume of 2,379,444 shares, compared to its average volume of 2,539,682. The stock has a market capitalization of C$13.19 billion, a price-to-earnings ratio of -8.59, a price-to-earnings-growth ratio of -1.28 and a beta of 1.73. 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 firm's 50 day moving average price is C$21.49 and its two-hundred day moving average price is C$19.69.

Insider Buying and Selling at First Quantum Minerals

In other news, Director Alison Cheryl Beckett acquired 1,029 shares of the business's stock in a transaction that occurred on Wednesday, July 2nd. The shares were bought at an average price of C$24.59 per share, with a total value of C$25,307.84. Corporate 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.