Research Analysts Set Expectations for TSE:FM Q1 Earnings

First Quantum Minerals Ltd. (TSE:FM) – Investment analysts at National Bank Financial dropped their Q1 2025 EPS estimates for shares of First Quantum Minerals in a report released on Wednesday, February 12th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of ($0.11) for the quarter, down from their previous estimate of $0.35. 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’ Q2 2025 earnings at ($0.07) EPS, FY2025 earnings at $0.23 EPS, FY2026 earnings at $0.86 EPS and FY2027 earnings at $2.43 EPS.

FM has been the subject of a number of other research reports. National Bankshares lifted their price target on First Quantum Minerals from C$21.00 to C$22.50 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Scotiabank reduced their price objective on shares of First Quantum Minerals from C$22.00 to C$21.50 and set a “sector perform” rating for the company in a research report on Thursday, January 16th. CIBC boosted their target price on shares of First Quantum Minerals from C$18.00 to C$20.00 in a research report on Wednesday, October 23rd. Jefferies Financial Group dropped their price objective on shares of First Quantum Minerals from C$23.00 to C$22.00 in a research note on Monday, January 6th. Finally, Canaccord Genuity Group lowered shares of First Quantum Minerals from a “buy” rating to a “hold” rating and decreased their target price for the company from C$24.00 to C$20.00 in a report on Thursday, January 16th. Nine investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, First Quantum Minerals has an average rating of “Hold” and a consensus price target of C$21.57.

First Quantum Minerals Stock Performance

TSE FM opened at C$19.44 on Monday. The firm has a market capitalization of C$11.03 billion, a P/E ratio of -7.18, a price-to-earnings-growth ratio of -1.28 and a beta of 1.73. The firm’s fifty day moving average price is C$19.08 and its two-hundred day moving average price is C$18.03. First Quantum Minerals has a 1 year low of C$10.91 and a 1 year high of C$21.45. The company has a current ratio of 1.80, a quick ratio of 1.41 and a debt-to-equity ratio of 56.41.

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

Insider Transactions at First Quantum Minerals

In other news, Senior Officer Zenon Wozniak sold 45,000 shares of the business’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of C$20.32, for a total value of C$914,400.00. Also, Director Simon John Scott purchased 1,397 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was acquired at an average cost of C$18.57 per share, with a total value of C$25,942.29. Company insiders own 19.35% of the company’s stock.

First Quantum Minerals Company Profile

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.