TSE:FM FY2025 EPS Reduced by National Bank Financial

First Quantum Minerals Ltd. (TSE:FM - Free Report) - National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a research note issued on Tuesday, July 8th. National Bank Financial analyst S. Nagle now anticipates that the company will earn $0.31 per share for the year, down from their prior estimate of $0.43. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.56 per share.

FM has been the topic of a number of other research reports. Barclays increased their price objective on First Quantum Minerals from C$21.60 to C$25.80 and gave the stock an "outperform" rating in a report on Wednesday, July 2nd. Stifel Canada raised First Quantum Minerals to a "hold" rating in a report on Wednesday, March 19th. Scotiabank raised their price objective on First Quantum Minerals from C$22.50 to C$24.00 in a report on Monday, June 16th. Royal Bank Of Canada raised their price objective on First Quantum Minerals from C$24.00 to C$25.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Finally, Desjardins raised First Quantum Minerals to a "hold" rating in a report on Thursday, April 3rd. Six equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of C$22.32.

First Quantum Minerals Stock Performance

Shares of FM stock traded down C$0.50 on Thursday, hitting C$23.32. 2,602,451 shares of the stock were exchanged, compared to its average volume of 2,540,887. The company has a current ratio of 1.80, a quick ratio of 1.41 and a debt-to-equity ratio of 56.41. The firm has a market capitalization of C$13.24 billion, a PE ratio of -8.62, a P/E/G ratio of -1.28 and a beta of 1.73. First Quantum Minerals has a one year low of C$13.81 and a one year high of C$25.96. The firm's 50 day moving average is C$21.49 and its two-hundred day moving average is C$19.68.

Insider Buying and Selling at First Quantum Minerals

In other First Quantum Minerals news, Director Alison Cheryl Beckett purchased 1,029 shares of the firm's stock in a transaction dated Wednesday, July 2nd. The stock was purchased at an average price of C$24.59 per share, for a total transaction of C$25,307.84. 19.35% of the stock is owned by corporate insiders.

About First Quantum Minerals

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.