Stifel Canada Estimates OTCMKTS:FQVLF FY2027 Earnings

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

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

FQVLF has been the topic of several other research reports. Canaccord Genuity Group cut shares of First Quantum Minerals from a “buy” rating to a “hold” rating in a research report on Thursday, January 16th. Barclays upgraded shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 12th. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, First Quantum Minerals currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.00.

First Quantum Minerals Price Performance

Shares of First Quantum Minerals stock opened at $13.27 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.80 and a quick ratio of 0.93. First Quantum Minerals has a 12 month low of $8.22 and a 12 month high of $15.23. The stock has a 50 day moving average of $13.41 and a 200 day moving average of $12.90.

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.