What is Stifel Canada’s Forecast for TSE:FM Q1 Earnings?

First Quantum Minerals Ltd. (TSE:FM) – Stock analysts at Stifel Canada issued their Q1 2025 earnings per share estimates for First Quantum Minerals in a research report issued to clients and investors on Tuesday, April 1st. Stifel Canada analyst R. Profiti anticipates that the company will earn ($0.10) per share for the quarter. Stifel Canada has a “Hold” rating on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.56 per share. Stifel Canada also issued estimates for First Quantum Minerals’ Q3 2025 earnings at ($0.06) EPS, Q1 2026 earnings at $0.06 EPS, Q2 2026 earnings at $0.09 EPS and FY2029 earnings at $1.53 EPS.

First Quantum Minerals (TSE:FM) last announced its earnings results on Tuesday, February 11th. The company reported C$0.04 EPS for the quarter, beating the consensus estimate of C$0.03 by C$0.01. First Quantum Minerals had a negative net margin of 32.41% and a negative return on equity of 14.05%. During the same period in the prior year, the company earned ($0.37) earnings per share.

FM has been the subject of several other reports. Canaccord Genuity Group lowered First Quantum Minerals from a “buy” rating to a “hold” rating and reduced their target price for the company from C$24.00 to C$20.00 in a report on Thursday, January 16th. JPMorgan Chase & Co. reduced their price objective on First Quantum Minerals from C$18.00 to C$17.00 in a research note on Thursday, January 30th. Raymond James lifted their target price on First Quantum Minerals from C$20.00 to C$21.00 in a research note on Friday. Morgan Stanley boosted their price target on shares of First Quantum Minerals from C$20.20 to C$22.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Finally, Barclays decreased their price objective on shares of First Quantum Minerals from C$25.00 to C$23.40 in a report on Thursday, January 30th. Ten research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, First Quantum Minerals currently has a consensus rating of “Hold” and an average target price of C$21.57.

First Quantum Minerals Trading Down 11.6 %

Shares of FM stock opened at C$16.00 on Thursday. First Quantum Minerals has a 52-week low of C$13.81 and a 52-week high of C$23.28. The company has a 50-day simple moving average of C$19.20 and a two-hundred day simple moving average of C$18.72. The company has a debt-to-equity ratio of 56.41, a quick ratio of 1.41 and a current ratio of 1.80. The company has a market capitalization of C$9.08 billion, a price-to-earnings ratio of -5.91, a PEG ratio of -1.28 and a beta of 1.73.

Insiders Place Their Bets

In other news, Director Charles Kevin Mcarthur bought 25,000 shares of the stock in a transaction on Monday, March 3rd. The shares were acquired at an average cost of C$17.23 per share, for a total transaction of C$430,842.13. Also, Director Alison Cheryl Beckett purchased 1,388 shares of First Quantum Minerals stock in a transaction dated Monday, March 31st. The shares were purchased at an average price of C$19.25 per share, with a total value of C$26,719.00. Company insiders own 19.35% of the company’s stock.

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.