FY2026 EPS Estimates for OTCMKTS:FQVLF Reduced by Analyst

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Scotiabank decreased their FY2026 earnings per share (EPS) estimates for shares of First Quantum Minerals in a research note issued to investors on Thursday, February 19th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will earn $0.52 per share for the year, down from their prior forecast of $1.07. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.03 per share. Scotiabank also issued estimates for First Quantum Minerals’ FY2027 earnings at $1.83 EPS.

Several other analysts also recently commented on FQVLF. Raymond James Financial reiterated a “market perform” rating on shares of First Quantum Minerals in a research report on Wednesday, January 14th. Zacks Research cut shares of First Quantum Minerals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Morgan Stanley reissued an “overweight” rating on shares of First Quantum Minerals in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft cut First Quantum Minerals from a “buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of First Quantum Minerals in a research report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, First Quantum Minerals has a consensus rating of “Moderate Buy”.

First Quantum Minerals Stock Performance

Shares of FQVLF opened at $29.31 on Monday. The company has a current ratio of 1.94, a quick ratio of 1.08 and a debt-to-equity ratio of 0.45. The firm has a market cap of $24.45 billion, a PE ratio of -732.75 and a beta of 1.32. The company’s 50 day simple moving average is $27.93 and its 200-day simple moving average is $23.19. First Quantum Minerals has a 12-month low of $10.18 and a 12-month high of $33.30.

First Quantum Minerals (OTCMKTS:FQVLF) last released its quarterly earnings results on Tuesday, February 10th. The basic materials company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.05). First Quantum Minerals had a positive return on equity of 0.07% and a negative net margin of 0.53%.The firm had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.33 billion.

About First Quantum Minerals

First Quantum Minerals Ltd. is a Canada-based mining company principally engaged in the exploration, development, production and marketing of copper and other mineral commodities. Headquartered in Vancouver, British Columbia, the company develops and operates large-scale open-pit and underground mines and associated processing facilities. Its activities span the full value chain from exploration and feasibility studies through to mining, milling and the sale of concentrates and refined metals to global customers.

Copper is the company’s primary product, produced alongside by-products such as gold, nickel, zinc and cobalt depending on the orebody.