OTCMKTS:FQVLF FY2025 EPS Estimate Increased by Stifel Canada

Key Points

• Stifel Canada has raised its FY2025 EPS estimate for First Quantum Minerals from $0.18 to $0.26, maintaining a "Strong-Buy" rating on the stock.
• First Quantum Minerals recently reported a quarterly EPS of $0.02, surpassing the consensus estimate of a loss of ($0.03) and generating $1.23 billion in revenue.
• The company's stock has an average rating of "Buy," with varying ratings from different analysts, including four "Strong Buy" and four "Buy" ratings.

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Research analysts at Stifel Canada upped their FY2025 earnings estimates for First Quantum Minerals in a report released on Tuesday, October 21st. Stifel Canada analyst R. Profiti now forecasts that the basic materials company will earn $0.26 per share for the year, up from their prior estimate of $0.18. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share.

Several other equities analysts also recently issued reports on FQVLF. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of First Quantum Minerals in a report on Friday, July 25th. Citigroup reaffirmed a "buy" rating on shares of First Quantum Minerals in a report on Wednesday, October 8th. TD Securities reaffirmed a "hold" rating on shares of First Quantum Minerals in a report on Monday, September 29th. National Bankshares reaffirmed an "outperform" rating on shares of First Quantum Minerals in a report on Wednesday, August 13th. Finally, Raymond James Financial reaffirmed a "market perform" rating on shares of First Quantum Minerals in a report on Friday, October 10th. Four investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, First Quantum Minerals has an average rating of "Buy".

First Quantum Minerals Stock Performance

FQVLF opened at $21.13 on Thursday. The company has a quick ratio of 1.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.48. The company has a market cap of $17.63 billion, a price-to-earnings ratio of 88.05 and a beta of 1.36. First Quantum Minerals has a 52-week low of $10.18 and a 52-week high of $24.75. The firm's fifty day simple moving average is $19.82 and its two-hundred day simple moving average is $16.79.

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

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.

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