Q1 EPS Estimates for OTCMKTS:FQVLF Lowered by Stifel Canada

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Stifel Canada decreased their Q1 2026 earnings per share (EPS) estimates for shares of First Quantum Minerals in a research note issued to investors on Thursday, April 24th. Stifel Canada analyst R. Profiti now forecasts that the basic materials company will earn $0.03 per share for the quarter, down from their prior forecast of $0.04. Stifel Canada currently has a "Hold" rating on the stock. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share. Stifel Canada also issued estimates for First Quantum Minerals' Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.09 EPS and FY2029 earnings at $1.12 EPS.

Several other research firms have also recently commented on FQVLF. Scotiabank reissued a "sector perform" rating on shares of First Quantum Minerals in a report on Friday. Desjardins began coverage on shares of First Quantum Minerals in a research report on Friday, April 4th. They set a "hold" rating on the stock. Canaccord Genuity Group upgraded shares of First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. National Bankshares restated an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, April 2nd. Finally, BMO Capital Markets upgraded shares of First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

First Quantum Minerals Stock Performance

FQVLF traded up $0.24 on Friday, hitting $13.68. 242,067 shares of the company traded hands, compared to its average volume of 217,363. The company has a 50 day moving average of $12.97 and a 200-day moving average of $13.20. The company has a quick ratio of 0.93, a current ratio of 2.08 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $11.41 billion, a PE ratio of -684.00 and a beta of 1.32. First Quantum Minerals has a 12-month low of $10.18 and a 12-month high of $16.23.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The basic materials company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.03. The firm 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.