What is Desjardins' Estimate for TSE:FM Q2 Earnings?

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Equities researchers at Desjardins issued their Q2 2025 earnings per share (EPS) estimates for First Quantum Minerals in a research report issued to clients and investors on Thursday, July 17th. Desjardins analyst B. Adams anticipates that the company will post earnings of ($0.01) per share for the quarter. Desjardins currently has a "Hold" rating on the stock. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.56 per share. Desjardins also issued estimates for First Quantum Minerals' Q2 2025 earnings at ($0.01) EPS.

A number of other brokerages have also issued reports on FM. Canaccord Genuity Group raised First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 16th. Royal Bank Of Canada increased their price target on First Quantum Minerals from C$24.00 to C$25.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. Scotiabank increased their price objective on First Quantum Minerals from C$22.50 to C$24.00 in a research report on Monday, June 16th. National Bankshares increased their target price on First Quantum Minerals from C$24.00 to C$27.50 and gave the company an "outperform" rating in a report on Wednesday, July 9th. Finally, Raymond James Financial upgraded First Quantum Minerals to a "hold" rating in a report on Monday, June 30th. Six research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of C$22.32.

First Quantum Minerals Stock Down 0.9%

TSE FM traded down C$0.21 on Friday, hitting C$23.39. 1,402,378 shares of the stock traded hands, compared to its average volume of 2,522,130. The stock has a 50-day moving average of C$21.93 and a 200 day moving average of C$19.83. First Quantum Minerals has a twelve month low of C$13.81 and a twelve month high of C$25.96. The company has a market capitalization of C$13.28 billion, a P/E ratio of -8.64, a price-to-earnings-growth ratio of -1.28 and a beta of 1.73. The company has a current ratio of 1.80, a quick ratio of 1.41 and a debt-to-equity ratio of 56.41.

Insider Activity at First Quantum Minerals

In related news, Director Alison Cheryl Beckett bought 1,029 shares of First Quantum Minerals stock in a transaction that occurred on Wednesday, July 2nd. The stock was acquired at an average price of C$24.59 per share, for a total transaction of C$25,307.84. Insiders own 19.35% of the company's stock.

First Quantum Minerals Company Profile

First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite.