FY2025 EPS Estimates for OTCMKTS:FQVLF Reduced by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Analysts at Scotiabank lowered their FY2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a note issued to investors 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 estimate of ($0.41). The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share.

Other research analysts also recently issued research reports about the company. Stifel Canada raised First Quantum Minerals to a “hold” rating in a research note on Wednesday, March 19th. Canaccord Genuity Group cut shares of First Quantum Minerals from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

First Quantum Minerals Price Performance

Shares of First Quantum Minerals stock opened at $15.85 on Monday. The stock has a market cap of $13.22 billion, a P/E ratio of -792.50 and a beta of 1.49. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 2.08. The stock’s fifty day moving average is $13.33 and its 200 day moving average is $13.30. First Quantum Minerals has a one year low of $9.76 and a one year high of $16.22.

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

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.