FY2025 EPS Estimates for OTCMKTS:FQVLF Lowered by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Equities researchers at Scotiabank cut their FY2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a report issued on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now expects that the basic materials company will earn ($0.48) per share for the year, down from their prior forecast of ($0.41). The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share.

A number of other equities analysts also recently commented on the company. Canaccord Genuity Group downgraded First Quantum Minerals from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Stifel Canada upgraded First Quantum Minerals to a “hold” rating in a research report on Wednesday, March 19th. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

First Quantum Minerals Price Performance

FQVLF opened at $15.83 on Monday. The company has a market capitalization of $13.20 billion, a P/E ratio of -791.25 and a beta of 1.49. The company has a 50-day moving average of $13.28 and a 200-day moving average of $13.27. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 2.08. First Quantum Minerals has a 1-year low of $9.76 and a 1-year high of $16.22.

First Quantum Minerals (OTCMKTS:FQVLF) last issued its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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.