Stifel Canada Has Bullish Estimate for TSE:FM Q3 Earnings

Key Points

• Stifel Canada has raised its Q3 2025 earnings per share estimate for First Quantum Minerals to $0.17, up from the previous $0.16.
• Other analysts have also increased their price targets for the stock, with TD Securities raising theirs from C$25.00 to C$30.00 and Jefferies Financial Group from C$28.00 to C$33.00.
• First Quantum Minerals currently has a market capitalization of C$26.33 billion and a PE ratio of 126.24, reflecting investor confidence amid fluctuating earnings projections.

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Equities research analysts at Stifel Canada boosted their Q3 2025 earnings per share estimates for shares of First Quantum Minerals in a report released on Sunday, September 28th. Stifel Canada analyst R. Profiti now anticipates that the company will post earnings per share of $0.17 for the quarter, up from their prior estimate of $0.16. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.56 per share. Stifel Canada also issued estimates for First Quantum Minerals' Q4 2025 earnings at $0.06 EPS, Q1 2026 earnings at $0.15 EPS and FY2026 earnings at $0.83 EPS.

Other equities research analysts have also recently issued reports about the company. Raymond James Financial raised their price target on First Quantum Minerals from C$23.00 to C$25.00 in a report on Thursday, August 21st. Barclays raised their price target on First Quantum Minerals from C$25.80 to C$26.00 and gave the company a "buy" rating in a report on Monday, July 28th. TD Securities raised their price target on First Quantum Minerals from C$25.00 to C$30.00 and gave the company a "hold" rating in a report on Monday. Stifel Nicolaus raised their price target on First Quantum Minerals from C$25.00 to C$26.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. Finally, Jefferies Financial Group raised their price target on First Quantum Minerals from C$28.00 to C$33.00 and gave the company a "buy" rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$25.34.

First Quantum Minerals Price Performance

TSE:FM opened at C$31.56 on Tuesday. 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 business's 50-day simple moving average is C$24.69 and its two-hundred day simple moving average is C$21.94. The stock has a market cap of C$26.33 billion, a PE ratio of 126.24, a P/E/G ratio of -1.28 and a beta of 1.29. First Quantum Minerals has a 52 week low of C$14.41 and a 52 week high of C$31.60.

Insider Activity

In related news, Director Alison Cheryl Beckett purchased 1,029 shares of the company's stock in a transaction that occurred on Wednesday, July 2nd. The stock was bought at an average price of C$24.59 per share, for a total transaction of C$25,307.84. Also, Senior Officer Zenon Wozniak sold 8,135 shares of First Quantum Minerals stock in a transaction dated Friday, August 1st. The stock was sold at an average price of C$22.82, for a total value of C$185,640.70. Company insiders own 19.35% of the company's stock.

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.

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