Raymond James Forecasts OTCMKTS:FQVLF Q1 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Equities researchers at Raymond James issued their Q1 2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a report issued on Tuesday, April 15th. Raymond James analyst F. Hamed expects that the basic materials company will earn ($0.02) per share for the quarter. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share. Raymond James also issued estimates for First Quantum Minerals’ FY2025 earnings at $0.23 EPS.

First Quantum Minerals (OTCMKTS:FQVLF) last announced its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate 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%.

Several other equities analysts have also commented on the stock. Desjardins began coverage on shares of First Quantum Minerals in a research report on Friday, April 4th. They set a “hold” rating for the company. Stifel Canada raised First Quantum Minerals to a “hold” rating in a research note on Wednesday, March 19th. BMO Capital Markets upgraded First Quantum Minerals to a “strong-buy” rating in a research report on Tuesday. National Bankshares restated an “outperform” rating on shares of First Quantum Minerals in a report on Wednesday, April 2nd. Finally, Canaccord Genuity Group raised shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

First Quantum Minerals Trading Down 0.7 %

Shares of OTCMKTS FQVLF opened at $11.95 on Friday. First Quantum Minerals has a 12-month low of $10.18 and a 12-month high of $16.23. The company has a current ratio of 2.08, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. The stock’s 50 day simple moving average is $13.06 and its 200 day simple moving average is $13.24. The company has a market cap of $9.97 billion, a price-to-earnings ratio of -597.45 and a beta of 1.32.

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.