Q1 Earnings Forecast for OTCMKTS:FQVLF Issued By Desjardins

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Equities researchers at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for First Quantum Minerals in a research note issued to investors on Tuesday, April 22nd. Desjardins analyst B. Adams anticipates that the basic materials company will post earnings of ($0.01) per share for the quarter. Desjardins has a "Hold" rating on the stock. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share.

Other analysts have also issued research reports about the company. Canaccord Genuity Group upgraded First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 16th. Stifel Canada upgraded First Quantum Minerals to a "hold" rating in a research note on Wednesday, March 19th. Scotiabank restated a "sector perform" rating on shares of First Quantum Minerals in a research note on Friday. National Bankshares restated an "outperform" rating on shares of First Quantum Minerals in a research note on Wednesday, April 2nd. Finally, BMO Capital Markets upgraded First Quantum Minerals to a "strong-buy" rating in a research note on Tuesday, April 15th. Four analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, First Quantum Minerals currently has a consensus rating of "Moderate Buy".

First Quantum Minerals Trading Up 1.8 %

FQVLF stock traded up $0.24 during midday trading on Friday, reaching $13.68. The company's stock had a trading volume of 242,067 shares, compared to its average volume of 217,363. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 2.08. The stock has a fifty day simple moving average of $12.97 and a two-hundred day simple moving average of $13.20. First Quantum Minerals has a 1 year low of $10.18 and a 1 year high of $16.23. The firm has a market capitalization of $11.41 billion, a price-to-earnings ratio of -684.00 and a beta of 1.32.

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 (EPS) for the quarter, topping analysts' consensus estimates of ($0.06) by $0.03. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.04 billion. First Quantum Minerals had a negative return on equity of 0.15% and a net margin of 0.04%.

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.