National Bank Financial Weighs in on TSE:FM FY2026 Earnings

Key Points

• National Bank Financial has raised its FY2026 earnings per share (EPS) estimate for First Quantum Minerals from $0.34 to $0.51, aligning closely with the consensus estimate of $0.56.
• Multiple analysts have adjusted their price targets for First Quantum Minerals, with Royal Bank of Canada increasing its target from C$28.00 to C$30.00, while TD Securities lowered theirs from C$25.00 to C$24.00.
• As of the latest report, First Quantum Minerals has a market capitalization of C$23.97 billion, with shares trading between a 12-month low of C$14.41 and a high of C$30.88.

First Quantum Minerals Ltd. (TSE:FM - Free Report) - National Bank Financial increased their FY2026 earnings per share (EPS) estimates for First Quantum Minerals in a research report issued to clients and investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now expects that the company will earn $0.51 per share for the year, up from their previous forecast of $0.34. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.56 per share.

A number of other research analysts have also recently issued reports on the stock. Raymond James Financial lifted their price target on shares of First Quantum Minerals from C$23.00 to C$25.00 in a research report on Thursday, August 21st. Stifel Nicolaus boosted their price target on First Quantum Minerals from C$25.00 to C$26.00 and gave the stock a "hold" rating in a research report on Wednesday, August 6th. TD Securities cut their price target on First Quantum Minerals from C$25.00 to C$24.00 and set a "hold" rating on the stock in a research note on Friday, July 25th. Royal Bank Of Canada lifted their price objective on First Quantum Minerals from C$28.00 to C$30.00 in a research note on Wednesday, September 10th. Finally, Barclays raised their price target on First Quantum Minerals from C$25.80 to C$26.00 and gave the company a "buy" rating in a report on Monday, July 28th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$24.03.

First Quantum Minerals Stock Performance

Shares of First Quantum Minerals stock opened at C$28.73 on Friday. First Quantum Minerals has a 12 month low of C$14.41 and a 12 month high of C$30.88. The firm has a market capitalization of C$23.97 billion, a P/E ratio of 114.92, a P/E/G ratio of -1.28 and a beta of 1.29. 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 business has a fifty day simple moving average of C$24.42 and a two-hundred day simple moving average of C$21.75.

Insider Transactions at First Quantum Minerals

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

First Quantum Minerals Company Profile

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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