Stifel Canada Forecasts OTCMKTS:FQVLF FY2026 Earnings

Key Points

• Stifel Canada has raised its FY2026 earnings per share (EPS) forecast for First Quantum Minerals to $0.60, up from a previous estimate of $0.52, which contrasts with a consensus estimate of $0.03 for the current full year.
• Analysts have generally rated First Quantum Minerals positively, with three analysts assigning a strong-buy rating and the stock currently holding a consensus rating of "Moderate Buy."
• First Quantum Minerals reported a quarterly earnings result of $0.02 EPS, exceeding analysts' expectations, along with a revenue of $1.23 billion, surpassing expectations of $1.06 billion.

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Analysts at Stifel Canada boosted their FY2026 earnings per share (EPS) estimates for First Quantum Minerals in a research note issued on Tuesday, August 5th. Stifel Canada analyst R. Profiti now forecasts that the basic materials company will post earnings of $0.60 per share for the year, up from their prior forecast of $0.52. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share.

Other analysts have also issued research reports about the company. Canaccord Genuity Group upgraded First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 16th. Barclays restated an "overweight" rating on shares of First Quantum Minerals in a research note on Monday, July 28th. BMO Capital Markets upgraded First Quantum Minerals to a "strong-buy" rating in a research note on Tuesday, April 15th. TD Securities restated a "hold" rating on shares of First Quantum Minerals in a research note on Friday, July 25th. Finally, Scotiabank restated a "sector perform" rating on shares of First Quantum Minerals in a research note on Tuesday, July 8th. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

First Quantum Minerals Stock Performance

OTCMKTS:FQVLF traded up $0.40 on Friday, hitting $17.22. The company's stock had a trading volume of 13,295 shares, compared to its average volume of 198,460. The company has a current ratio of 2.00, a quick ratio of 0.94 and a debt-to-equity ratio of 0.48. The stock has a fifty day moving average of $16.64 and a two-hundred day moving average of $14.44. The firm has a market capitalization of $14.37 billion, a P/E ratio of 71.75 and a beta of 1.38. First Quantum Minerals has a one year low of $10.18 and a one year high of $19.00.

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

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.

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