First Quantum Minerals (OTCMKTS:FQVLF) Upgraded at Stifel Canada

Stifel Canada upgraded shares of First Quantum Minerals (OTCMKTS:FQVLF) to a hold rating in a research report released on Wednesday morning,Zacks.com reports. Stifel Canada also issued estimates for First Quantum Minerals’ FY2025 earnings at $0.46 EPS, FY2026 earnings at $0.28 EPS, FY2027 earnings at $0.54 EPS and FY2028 earnings at $1.70 EPS.

Separately, Canaccord Genuity Group lowered First Quantum Minerals from a “buy” rating to a “hold” rating in a research report on Thursday, January 16th. Four analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, First Quantum Minerals currently has a consensus rating of “Moderate Buy”.

First Quantum Minerals Stock Down 0.5 %

Shares of OTCMKTS:FQVLF opened at $15.48 on Wednesday. First Quantum Minerals has a 52-week low of $9.76 and a 52-week high of $16.22. The firm has a market capitalization of $12.91 billion, a P/E ratio of -774.00 and a beta of 1.49. The stock has a 50 day moving average price of $13.24 and a 200-day moving average price of $13.19. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 2.08.

First Quantum Minerals (OTCMKTS:FQVLF) last posted its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). First Quantum Minerals had a net margin of 0.04% and a negative return on equity of 0.15%. As a group, equities research analysts anticipate that First Quantum Minerals will post 0.03 EPS for the current fiscal year.

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.