Q2 EPS Estimates for OTCMKTS:FQVLF Lifted by Stifel Canada

Key Points

• Analysts at Stifel Canada raised their Q2 2026 earnings per share (EPS) estimate for First Quantum Minerals to $0.15, up from a previous forecast of $0.10.
• The company reported a Q2 EPS of $0.02, exceeding analysts' expectations of $(0.03) and achieving revenue of $1.23 billion, surpassing the anticipated $1.06 billion.
• Several brokerages have recently upgraded their ratings on First Quantum Minerals, with a consensus rating of "Moderate Buy" from market analysts.

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Stock analysts at Stifel Canada boosted their Q2 2026 EPS estimates for shares of First Quantum Minerals in a note issued to investors on Thursday, July 24th. Stifel Canada analyst R. Profiti now anticipates that the basic materials company will post earnings per share of $0.15 for the quarter, up from their prior estimate of $0.10. 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' Q3 2026 earnings at $0.14 EPS, Q4 2026 earnings at $0.15 EPS, FY2026 earnings at $0.52 EPS and FY2027 earnings at $0.60 EPS.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.05. First Quantum Minerals had a net margin of 4.08% and a return on equity of 1.44%. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.06 billion.

FQVLF has been the topic of a number of other reports. Canaccord Genuity Group upgraded shares of First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 16th. National Bankshares restated an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, April 2nd. TD Securities restated a "hold" rating on shares of First Quantum Minerals in a research report on Friday, July 25th. BMO Capital Markets upgraded shares of First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. Finally, Raymond James Financial upgraded shares of First Quantum Minerals to a "hold" rating in a research report on Monday, June 30th. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, First Quantum Minerals presently has an average rating of "Moderate Buy".

First Quantum Minerals Stock Performance

OTCMKTS:FQVLF traded up $0.27 during midday trading on Monday, reaching $16.88. The stock had a trading volume of 9,872 shares, compared to its average volume of 198,199. First Quantum Minerals has a 1-year low of $10.18 and a 1-year high of $19.00. The firm's fifty day simple moving average is $16.45 and its 200-day simple moving average is $14.33. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.87 and a quick ratio of 0.94. The stock has a market capitalization of $14.08 billion, a P/E ratio of 70.34 and a beta of 1.38.

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.