Brokers Issue Forecasts for OTCMKTS:FQVLF FY2025 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Analysts at Scotiabank decreased their FY2025 earnings per share estimates for shares of First Quantum Minerals in a report issued on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now expects that the basic materials company will post earnings of ($0.48) per share for the year, down from their prior forecast of ($0.41). The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share.

First Quantum Minerals (OTCMKTS:FQVLF) last posted its earnings results on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). First Quantum Minerals had a net margin of 0.04% and a negative return on equity of 0.15%.

FQVLF has been the subject of several other reports. Canaccord Genuity Group lowered First Quantum Minerals from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Stifel Canada upgraded First Quantum Minerals to a “hold” rating in a research report on Wednesday, March 19th. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

First Quantum Minerals Stock Performance

Shares of OTCMKTS:FQVLF opened at $15.85 on Monday. The firm has a fifty day simple moving average of $13.33 and a two-hundred day simple moving average of $13.30. First Quantum Minerals has a 52 week low of $9.76 and a 52 week high of $16.22. The company has a quick ratio of 0.93, a current ratio of 2.08 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $13.22 billion, a P/E ratio of -792.50 and a beta of 1.49.

First Quantum Minerals Company Profile

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.