FY2026 EPS Estimates for OTCMKTS:FQVLF Cut by Scotiabank

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Scotiabank cut their FY2026 earnings per share (EPS) estimates for First Quantum Minerals in a report issued on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now expects that the basic materials company will post earnings of $0.58 per share for the year, down from their previous estimate of $0.62. Scotiabank currently has a "Sector Perform" rating on the stock. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The basic materials company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.03. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.04 billion. First Quantum Minerals had a net margin of 2.78% and a return on equity of 1.19%.

Several other research analysts have also recently commented on FQVLF. BMO Capital Markets upgraded shares of First Quantum Minerals to a "strong-buy" rating in a report on Tuesday, April 15th. Canaccord Genuity Group upgraded shares of First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 16th. Raymond James Financial upgraded shares of First Quantum Minerals to a "hold" rating in a research note on Monday, June 30th. Desjardins began coverage on shares of First Quantum Minerals in a research note on Friday, April 4th. They issued a "hold" rating on the stock. Finally, National Bankshares reaffirmed an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, April 2nd. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy".

First Quantum Minerals Price Performance

FQVLF stock traded up $0.22 during trading on Friday, hitting $17.26. 6,938 shares of the stock traded hands, compared to its average volume of 198,724. First Quantum Minerals has a one year low of $10.18 and a one year high of $19.00. The stock has a market cap of $14.40 billion, a price-to-earnings ratio of 107.88 and a beta of 1.38. The company has a current ratio of 1.87, a quick ratio of 0.94 and a debt-to-equity ratio of 0.50. The company has a 50 day simple moving average of $15.95 and a 200 day simple moving average of $14.13.

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.