Raymond James Comments on OTCMKTS:FQVLF Q1 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Stock analysts at Raymond James issued their Q1 2025 earnings per share estimates for First Quantum Minerals in a research note issued to investors on Tuesday, April 15th. Raymond James analyst F. Hamed expects that the basic materials company will post earnings per share of ($0.02) for the quarter. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share. Raymond James also issued estimates for First Quantum Minerals' FY2025 earnings at $0.23 EPS.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). First Quantum Minerals had a net margin of 0.04% and a negative return on equity of 0.15%.

FQVLF has been the topic of a number of other reports. BMO Capital Markets raised First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. National Bankshares reiterated an "outperform" rating on shares of First Quantum Minerals in a research note on Wednesday, April 2nd. Canaccord Genuity Group raised shares of First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Stifel Canada raised shares of First Quantum Minerals to a "hold" rating in a research report on Wednesday, March 19th. Finally, Desjardins assumed coverage on First Quantum Minerals in a report on Friday, April 4th. They issued a "hold" rating for the company. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy".

First Quantum Minerals Stock Up 5.3 %

Shares of OTCMKTS FQVLF traded up $0.61 during midday trading on Friday, reaching $12.09. 263,855 shares of the company's stock were exchanged, compared to its average volume of 209,280. The stock has a market capitalization of $10.09 billion, a PE ratio of -604.50 and a beta of 1.32. First Quantum Minerals has a 52-week low of $10.18 and a 52-week high of $16.23. 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 business's fifty day moving average price is $12.96 and its two-hundred day moving average price is $13.19.

First Quantum Minerals Company Profile

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.