Stifel Canada Issues Positive Outlook for TSE:FM Earnings

Key Points

• Stifel Canada has upgraded its Q3 2025 earnings per share (EPS) estimate for First Quantum Minerals to $0.15, significantly up from a previous forecast of ($0.04).
• Several financial institutions have recently issued positive ratings and target price increases for the stock, with an average rating of "Moderate Buy" and a consensus target price of C$22.34.
• First Quantum Minerals' stock is currently trading at C$23.73, down 0.9%, and has a market capitalization of C$13.47 billion.

First Quantum Minerals Ltd. (TSE:FM - Free Report) - Stock analysts at Stifel Canada raised their Q3 2025 EPS estimates for First Quantum Minerals in a research report issued on Tuesday, July 22nd. Stifel Canada analyst R. Profiti now forecasts that the company will post earnings per share of $0.15 for the quarter, up from their previous estimate of ($0.04). 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' FY2025 earnings at $0.05 EPS, FY2026 earnings at $0.60 EPS and FY2027 earnings at $0.81 EPS.

Several other research analysts also recently commented on the company. National Bankshares boosted their target price on First Quantum Minerals from C$24.00 to C$27.50 and gave the stock an "outperform" rating in a research note on Wednesday, July 9th. Scotiabank upped their price objective on First Quantum Minerals from C$22.50 to C$24.00 in a research note on Monday, June 16th. Royal Bank Of Canada upped their price objective on First Quantum Minerals from C$24.00 to C$25.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. BMO Capital Markets raised First Quantum Minerals to a "strong-buy" rating in a research note on Tuesday, April 15th. Finally, Raymond James Financial raised First Quantum Minerals to a "hold" rating in a research note on Monday, June 30th. Six 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 company. According to MarketBeat.com, First Quantum Minerals has an average rating of "Moderate Buy" and a consensus target price of C$22.34.

First Quantum Minerals Price Performance

FM stock traded down C$0.27 during midday trading on Friday, reaching C$23.46. The company had a trading volume of 803,239 shares, compared to its average volume of 2,503,152. The company has a market capitalization of C$13.32 billion, a price-to-earnings ratio of -8.67, a price-to-earnings-growth ratio of -1.28 and a beta of 1.73. The stock has a 50 day moving average price of C$22.33 and a 200-day moving average price of C$20.00. First Quantum Minerals has a 1-year low of C$13.81 and a 1-year high of C$25.96. The company has a debt-to-equity ratio of 56.41, a current ratio of 1.80 and a quick ratio of 1.41.

Insider Activity at First Quantum Minerals

In other news, Director Alison Cheryl Beckett acquired 1,029 shares of the firm'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, with a total value of C$25,307.84. 19.35% of the stock is owned by insiders.

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.