FY2026 EPS Estimates for OTCMKTS:FQVLF Lowered by Scotiabank

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Stock analysts at Scotiabank cut their FY2026 EPS estimates for First Quantum Minerals in a research note issued to investors on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will earn $0.58 per share for the year, down from their previous forecast of $0.62. Scotiabank has a "Sector Perform" 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 commented on FQVLF. National Bankshares reiterated an "outperform" rating on shares of First Quantum Minerals in a report on Wednesday, April 2nd. Raymond James Financial raised First Quantum Minerals to a "hold" rating in a research report on Monday, June 30th. Canaccord Genuity Group raised First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Desjardins started coverage on First Quantum Minerals in a research report on Friday, April 4th. They issued a "hold" rating for the company. Finally, Barclays reaffirmed an "overweight" rating on shares of First Quantum Minerals in a research report on Tuesday, May 6th. Four 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 stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy".

First Quantum Minerals Stock Down 0.7%

Shares of FQVLF traded down $0.12 during trading hours on Friday, reaching $17.06. The company's stock had a trading volume of 269,394 shares, compared to its average volume of 192,273. The firm has a market cap of $14.23 billion, a price-to-earnings ratio of 106.62 and a beta of 1.38. First Quantum Minerals has a 1-year low of $10.18 and a 1-year high of $19.00. The company has a quick ratio of 0.94, a current ratio of 1.87 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $15.95 and a two-hundred day moving average of $14.13.

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

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.