Brokers Offer Predictions for OTCMKTS:FQVLF Q4 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLFFree Report) – Investment analysts at National Bank Financial lifted their Q4 2024 earnings per share (EPS) estimates for shares of First Quantum Minerals in a research report issued to clients and investors on Thursday, January 16th. National Bank Financial analyst S. Nagle now expects that the basic materials company will post earnings per share of $0.08 for the quarter, up from their previous estimate of $0.06. The consensus estimate for First Quantum Minerals’ current full-year earnings is ($0.07) per share.

First Quantum Minerals (OTCMKTS:FQVLFGet Free Report) last issued its quarterly earnings data on Tuesday, October 22nd. The basic materials company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.12. First Quantum Minerals had a negative return on equity of 2.69% and a negative net margin of 32.41%. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.09 billion.

FQVLF has been the topic of a number of other reports. Canaccord Genuity Group downgraded First Quantum Minerals from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Barclays raised First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 12th. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $16.00.

Check Out Our Latest Stock Report on FQVLF

First Quantum Minerals Trading Up 1.7 %

OTCMKTS FQVLF opened at $13.39 on Monday. The business’s 50-day moving average price is $13.41 and its two-hundred day moving average price is $12.90. First Quantum Minerals has a 12 month low of $8.22 and a 12 month high of $15.23. The firm has a market capitalization of $11.17 billion, a PE ratio of -6.00, a price-to-earnings-growth ratio of 44.73 and a beta of 1.50. The company has a current ratio of 1.80, a quick ratio of 0.93 and a debt-to-equity ratio of 0.48.

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.

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

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