Equities Analysts Issue Forecasts for TSE:FM FY2025 Earnings

First Quantum Minerals Ltd. (TSE:FM) – Equities researchers at Stifel Canada issued their FY2025 earnings per share (EPS) estimates for shares of First Quantum Minerals in a research report issued to clients and investors on Wednesday, March 19th. Stifel Canada analyst R. Profiti expects that the company will earn $0.66 per share for the year. Stifel Canada has a “Hold” rating on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.56 per share. Stifel Canada also issued estimates for First Quantum Minerals’ FY2026 earnings at $0.40 EPS, FY2027 earnings at $0.77 EPS and FY2028 earnings at $2.26 EPS.

A number of other equities research analysts have also recently commented on the company. Barclays decreased their price target on First Quantum Minerals from C$25.00 to C$23.40 in a report on Thursday, January 30th. Canaccord Genuity Group lowered First Quantum Minerals from a “buy” rating to a “hold” rating and dropped their price target for the stock from C$24.00 to C$20.00 in a research report on Thursday, January 16th. JPMorgan Chase & Co. dropped their price target on First Quantum Minerals from C$18.00 to C$17.00 in a research report on Thursday, January 30th. Jefferies Financial Group dropped their target price on First Quantum Minerals from C$23.00 to C$22.00 in a research report on Monday, January 6th. Finally, Scotiabank dropped their target price on 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. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, First Quantum Minerals has a consensus rating of “Hold” and a consensus price target of C$21.57.

First Quantum Minerals Price Performance

TSE:FM opened at C$22.19 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.80 and a debt-to-equity ratio of 56.41. The business’s 50-day simple moving average is C$18.96 and its two-hundred day simple moving average is C$18.46. The stock has a market cap of C$12.59 billion, a PE ratio of -8.20, a P/E/G ratio of -1.28 and a beta of 1.73. First Quantum Minerals has a 52 week low of C$13.30 and a 52 week high of C$23.24.

First Quantum Minerals (TSE:FM) last released its quarterly earnings results on Tuesday, February 11th. The company reported C$0.04 earnings per share (EPS) 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 period in the prior year, the company posted ($0.37) EPS.

Insider Transactions at First Quantum Minerals

In related news, Senior Officer Zenon Wozniak sold 40,000 shares of the company’s stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of C$21.11, for a total transaction of C$844,400.00. Also, Director Charles Kevin Mcarthur acquired 25,000 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was acquired at an average price of C$17.23 per share, with a total value of C$430,842.13. Corporate insiders own 19.35% of the company’s stock.

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.