FY2026 EPS Estimates for OTCMKTS:FQVLF Boosted by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLFFree Report) – Analysts at Scotiabank raised their FY2026 earnings per share estimates for shares of First Quantum Minerals in a research note issued on Friday, November 28th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will earn $1.16 per share for the year, up from their previous estimate of $1.11. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share.

First Quantum Minerals (OTCMKTS:FQVLFGet Free Report) last released its quarterly earnings results on Tuesday, October 28th. The basic materials company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.10). The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.47 billion. First Quantum Minerals had a net margin of 0.92% and a return on equity of 0.29%.

Several other brokerages have also issued reports on FQVLF. Stifel Canada upgraded shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 21st. TD Securities restated a “hold” rating on shares of First Quantum Minerals in a report on Monday, September 29th. National Bankshares reaffirmed an “outperform” rating on shares of First Quantum Minerals in a research note on Wednesday, August 13th. Raymond James Financial reiterated a “market perform” rating on shares of First Quantum Minerals in a report on Friday, October 10th. Finally, Deutsche Bank Aktiengesellschaft cut First Quantum Minerals from a “buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on First Quantum Minerals

First Quantum Minerals Stock Performance

Shares of First Quantum Minerals stock opened at $22.70 on Monday. First Quantum Minerals has a 12 month low of $10.18 and a 12 month high of $24.75. The firm has a market capitalization of $18.94 billion, a P/E ratio of 454.09 and a beta of 1.40. The company has a current ratio of 1.94, a quick ratio of 1.00 and a debt-to-equity ratio of 0.45. The business has a fifty day simple moving average of $21.70 and a two-hundred day simple moving average of $18.58.

About First Quantum Minerals

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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.

Further Reading

Earnings History and Estimates for First Quantum Minerals (OTCMKTS:FQVLF)

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