Stifel Canada Predicts OTCMKTS:FQVLF FY2028 Earnings

Key Points

• Stifel Canada analysts forecast that First Quantum Minerals Ltd. (OTCMKTS:FQVLF) will achieve earnings per share of $1.04 for the fiscal year 2028, significantly up from the current estimate of $0.03.
• The company's stock has received varied ratings from multiple brokerages, with two analysts giving it a Strong Buy rating and an overall consensus rating of Moderate Buy.
• First Quantum Minerals recently reported quarterly earnings of $0.02 per share, exceeding estimates, with revenue of $1.23 billion for the quarter.

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Research analysts at Stifel Canada issued their FY2028 earnings per share estimates for First Quantum Minerals in a research report issued to clients and investors on Sunday, September 28th. Stifel Canada analyst R. Profiti anticipates that the basic materials company will post earnings per share of $1.04 for the year. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.03 per share.

A number of other brokerages have also recently issued reports on FQVLF. Raymond James Financial raised shares of First Quantum Minerals to a "hold" rating in a research note on Monday, June 30th. Barclays reiterated an "overweight" rating on shares of First Quantum Minerals in a research note on Monday, July 28th. Scotiabank restated a "sector perform" rating on shares of First Quantum Minerals in a research report on Tuesday, July 8th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of First Quantum Minerals in a research note on Friday, July 25th. Finally, National Bankshares reiterated an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, August 13th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, First Quantum Minerals currently has a consensus rating of "Moderate Buy".

First Quantum Minerals Price Performance

OTCMKTS FQVLF opened at $22.60 on Wednesday. The company has a current ratio of 2.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.48. First Quantum Minerals has a 12 month low of $10.18 and a 12 month high of $22.73. The stock has a market cap of $18.85 billion, a price-to-earnings ratio of 94.17 and a beta of 1.35. The company's 50 day moving average is $18.01 and its two-hundred day moving average is $15.90.

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

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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