Q1 EPS Forecast for First Quantum Minerals Lifted by Analyst

First Quantum Minerals Ltd. (TSE:FM) – Equities research analysts at National Bank Financial lifted their Q1 2025 EPS estimates for First Quantum Minerals in a research report issued to clients and investors on Tuesday, April 15th. National Bank Financial analyst S. Nagle now expects that the company will earn ($0.09) per share for the quarter, up from their previous estimate of ($0.11). The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.56 per share. National Bank Financial also issued estimates for First Quantum Minerals’ FY2025 earnings at $0.48 EPS and FY2026 earnings at $1.18 EPS.

First Quantum Minerals (TSE:FM) last posted its quarterly earnings data on Tuesday, February 11th. The company reported C$0.04 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.03 by C$0.01. First Quantum Minerals had a negative return on equity of 14.05% and a negative net margin of 32.41%. During the same quarter in the previous year, the business posted ($0.37) earnings per share.

Several other analysts have also recently commented on the stock. Morgan Stanley reduced their target price on shares of First Quantum Minerals from C$19.70 to C$19.40 in a research note on Wednesday, April 9th. Desjardins upgraded shares of First Quantum Minerals to a “hold” rating in a research report on Thursday, April 3rd. JPMorgan Chase & Co. dropped their target price on First Quantum Minerals from C$18.00 to C$17.00 in a research report on Thursday, January 30th. BMO Capital Markets raised First Quantum Minerals to a “strong-buy” rating in a research note on Tuesday, April 15th. Finally, Scotiabank decreased their price target on First Quantum Minerals from C$22.00 to C$21.50 and set a “sector perform” rating on the stock in a research note on Thursday, January 16th. Nine research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$21.77.

First Quantum Minerals Price Performance

Shares of TSE FM opened at C$16.56 on Friday. The stock has a fifty day moving average price of C$18.59 and a 200 day moving average price of C$18.74. First Quantum Minerals has a 1-year low of C$13.81 and a 1-year high of C$23.28. The company has a debt-to-equity ratio of 56.41, a current ratio of 1.80 and a quick ratio of 1.41. The company has a market cap of C$9.40 billion, a PE ratio of -6.12, a P/E/G ratio of -1.28 and a beta of 1.73.

Insiders Place Their Bets

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

First Quantum Minerals Company Profile

First Quantum Minerals Ltd is a diversified mining company. The company’s principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite.