Q2 EPS Estimate for First Quantum Minerals Lifted by Analyst

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Equities research analysts at National Bank Financial increased their Q2 2025 EPS 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.

FM has been the subject of a number of other research reports. Scotiabank upped their price objective on shares of First Quantum Minerals from C$22.50 to C$24.00 in a research note on Monday, June 16th. Stifel Canada upgraded First Quantum Minerals to a "hold" rating in a report on Wednesday, March 19th. BMO Capital Markets upgraded First Quantum Minerals to a "strong-buy" rating in a report on Tuesday, April 15th. Royal Bank Of Canada boosted their target price on First Quantum Minerals from C$24.00 to C$25.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Finally, Canaccord Genuity Group upgraded First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 16th. Six research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$22.30.

First Quantum Minerals Trading Down 2.1%

Shares of TSE FM traded down C$0.50 on Friday, reaching C$23.32. 2,602,451 shares of the company traded hands, compared to its average volume of 2,540,887. First Quantum Minerals has a fifty-two week low of C$13.81 and a fifty-two week high of C$25.96. The company has a 50 day moving average of C$21.49 and a 200 day moving average of C$19.68. The company has a current ratio of 1.80, a quick ratio of 1.41 and a debt-to-equity ratio of 56.41. The stock has a market capitalization of C$13.24 billion, a PE ratio of -8.62, a P/E/G 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 the firm's stock in a transaction on Wednesday, July 2nd. The stock was purchased at an average price of C$24.59 per share, for a total transaction of C$25,307.84. 19.35% of the stock is currently owned by corporate insiders.

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.