FY2025 EPS Estimates for OTCMKTS:FQVLF Boosted by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Equities researchers at Desjardins increased their FY2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a note issued to investors on Wednesday, October 1st. Desjardins analyst B. Adams now forecasts that the basic materials company will post earnings of $0.25 per share for the year, up from their previous estimate of $0.18. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share. Desjardins also issued estimates for First Quantum Minerals’ FY2026 earnings at $1.19 EPS.

FQVLF has been the topic of several other reports. Scotiabank restated a “sector perform” rating on shares of First Quantum Minerals in a report on Tuesday, July 8th. National Bankshares reiterated an “outperform” rating on shares of First Quantum Minerals in a research report on Wednesday, August 13th. TD Securities reiterated a “hold” rating on shares of First Quantum Minerals in a research report on Monday, September 29th. Raymond James Financial upgraded First Quantum Minerals to a “hold” rating in a research report on Monday, June 30th. Finally, Barclays reiterated an “overweight” rating on shares of First Quantum Minerals in a research report on Monday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

First Quantum Minerals Stock Performance

First Quantum Minerals stock opened at $22.51 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 2.00. The stock has a fifty day moving average of $18.55 and a two-hundred day moving average of $16.16. The company has a market capitalization of $18.78 billion, a price-to-earnings ratio of 93.80 and a beta of 1.36. First Quantum Minerals has a fifty-two week low of $10.18 and a fifty-two week high of $24.01.

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

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.