First Quantum Minerals Ltd. (TSE:FM – Free Report) – Raymond James lifted their Q2 2024 EPS estimates for First Quantum Minerals in a research report issued on Monday, April 22nd. Raymond James analyst F. Hamed now anticipates that the company will earn $0.01 per share for the quarter, up from their previous estimate of ($0.06). The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.79 per share. Raymond James also issued estimates for First Quantum Minerals’ Q3 2024 earnings at $0.04 EPS, Q4 2024 earnings at $0.07 EPS and FY2024 earnings at $0.03 EPS.
First Quantum Minerals (TSE:FM – Get Free Report) last released its quarterly earnings data on Tuesday, February 20th. The company reported C($0.50) EPS for the quarter, missing the consensus estimate of C($0.10) by C($0.40). The business had revenue of C$1.66 billion for the quarter, compared to analysts’ expectations of C$1.58 billion. First Quantum Minerals had a negative net margin of 14.78% and a negative return on equity of 10.80%.
View Our Latest Research Report on FM
First Quantum Minerals Trading Up 12.5 %
Shares of First Quantum Minerals stock opened at C$18.27 on Thursday. First Quantum Minerals has a 12-month low of C$9.31 and a 12-month high of C$39.13. The company has a market cap of C$15.23 billion, a price-to-earnings ratio of -9.77, a PEG ratio of -1.28 and a beta of 2.01. The company has a current ratio of 1.72, a quick ratio of 1.41 and a debt-to-equity ratio of 81.21. The company’s 50-day moving average price is C$14.31 and its 200-day moving average price is C$15.00.
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.
Further Reading
- Five stocks we like better than First Quantum Minerals
- 3 Healthcare Dividend Stocks to Buy
- 3 Stocks Leading the U.S. Agriculture Comeback
- Where to Find Earnings Call Transcripts
- How to Use Put Debit Spreads to Profit From Falling Stocks
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for First Quantum Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Quantum Minerals and related companies with MarketBeat.com's FREE daily email newsletter.