OTCMKTS:FQVLF FY2026 EPS Forecast Increased by Stifel Canada

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) - Equities researchers at Stifel Canada increased their FY2026 earnings per share (EPS) estimates for First Quantum Minerals in a research report issued on Tuesday, August 5th. Stifel Canada analyst R. Profiti now expects that the basic materials company will post earnings per share of $0.60 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.

A number of other analysts have also commented on FQVLF. Scotiabank reissued a "sector perform" rating on shares of First Quantum Minerals in a report on Tuesday, July 8th. Canaccord Genuity Group upgraded First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Royal Bank Of Canada restated an "outperform" rating on shares of First Quantum Minerals in a research report on Friday, July 25th. Raymond James Financial upgraded First Quantum Minerals to a "hold" rating in a research report on Monday, June 30th. Finally, Barclays reiterated an "overweight" rating on shares of First Quantum Minerals in a research report on Monday, July 28th. Five equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy".

First Quantum Minerals Trading Up 2.2%

FQVLF traded up $0.37 during midday trading on Friday, hitting $17.18. 39,132 shares of the company were exchanged, compared to its average volume of 196,489. The firm has a market capitalization of $14.33 billion, a P/E ratio of 71.59 and a beta of 1.38. The company has a quick ratio of 1.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.48. The firm's 50 day moving average price is $16.80 and its 200-day moving average price is $14.56. First Quantum Minerals has a 1-year low of $10.18 and a 1-year high of $19.00.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The basic materials company reported $0.02 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates 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.