FY2027 EPS Estimates for OTCMKTS:FQVLF Decreased by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Equities research analysts at Stifel Canada decreased their FY2027 earnings per share (EPS) estimates for First Quantum Minerals in a note issued to investors on Thursday, January 23rd. Stifel Canada analyst C. Mcgill now anticipates that the basic materials company will post earnings per share of $0.85 for the year, down from their previous forecast of $1.04. The consensus estimate for First Quantum Minerals’ current full-year earnings is ($0.06) per share.

Other research analysts have also issued research reports about the company. Canaccord Genuity Group lowered First Quantum Minerals from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Barclays upgraded First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 12th. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $16.00.

First Quantum Minerals Stock Down 0.8 %

Shares of OTCMKTS:FQVLF opened at $13.16 on Friday. The business’s 50 day simple moving average is $13.42 and its two-hundred day simple moving average is $12.90. The firm has a market cap of $10.98 billion, a P/E ratio of -5.90, a PEG ratio of 42.06 and a beta of 1.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.93 and a current ratio of 1.80. First Quantum Minerals has a 52-week low of $8.22 and a 52-week high of $15.23.

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

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.