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

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Stock analysts at Desjardins issued their Q2 2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a research note issued to investors on Thursday, July 17th. Desjardins analyst B. Adams forecasts that the company will post earnings per share of ($0.01) 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.

Several other research analysts have also issued reports on the company. Canaccord Genuity Group upgraded First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 16th. Royal Bank Of Canada upped their price target on First Quantum Minerals from C$24.00 to C$25.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. National Bankshares boosted their price objective on shares of First Quantum Minerals from C$24.00 to C$27.50 and gave the stock an "outperform" rating in a report on Wednesday, July 9th. Raymond James Financial raised First Quantum Minerals to a "hold" rating in a report on Monday, June 30th. Finally, BMO Capital Markets raised First Quantum Minerals to a "strong-buy" rating in a report on Tuesday, April 15th. Six equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, First Quantum Minerals has an average rating of "Moderate Buy" and an average target price of C$22.32.

First Quantum Minerals Stock Up 1.3%

Shares of TSE:FM traded up C$0.31 during midday trading on Friday, hitting C$23.70. The stock had a trading volume of 1,762,735 shares, compared to its average volume of 2,516,667. First Quantum Minerals has a 12 month low of C$13.81 and a 12 month high of C$25.96. The company has a quick ratio of 1.41, a current ratio of 1.80 and a debt-to-equity ratio of 56.41. The company has a market cap of C$13.45 billion, a P/E ratio of -8.76, a PEG ratio of -1.28 and a beta of 1.73. The business's 50-day simple moving average is C$21.93 and its 200-day simple moving average is C$19.85.

Insider Transactions at First Quantum Minerals

In related news, Director Alison Cheryl Beckett acquired 1,029 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The shares were acquired at an average price of C$24.59 per share, for a total transaction of C$25,307.84. 19.35% of the stock is owned by corporate insiders.

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.