OTCMKTS:FQVLF Stock Earnings Estimates Boosted by Scotiabank

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Analysts at Scotiabank increased their FY2026 EPS estimates for shares of First Quantum Minerals in a research note issued on Tuesday, October 13th. Scotiabank analyst O. Wowkodaw now expects that the basic materials company will earn $0.13 per share for the year, up from their prior estimate of $0.05. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.25 per share. Scotiabank also issued estimates for First Quantum Minerals’ FY2027 earnings at $1.57 EPS.

FQVLF has been the subject of several other research reports. TD Securities raised shares of First Quantum Minerals from a “hold” rating to a “buy” rating in a research report on Tuesday, July 14th. Morgan Stanley reaffirmed an “overweight” rating on shares of First Quantum Minerals in a report on Wednesday, July 8th. Zacks Research lowered First Quantum Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 6th. Citigroup reissued a “positive” rating on shares of First Quantum Minerals in a report on Wednesday, July 15th. Finally, Barclays reissued an “overweight” rating on shares of First Quantum Minerals in a report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, First Quantum Minerals presently has an average rating of “Moderate Buy”.

First Quantum Minerals Stock Performance

OTCMKTS FQVLF opened at $26.33 on Friday. The stock has a market cap of $21.96 billion, a P/E ratio of -239.36 and a beta of 1.40. The company’s 50-day simple moving average is $31.05 and its 200 day simple moving average is $28.76. First Quantum Minerals has a twelve month low of $19.17 and a twelve month high of $35.48. The company has a quick ratio of 1.03, a current ratio of 1.90 and a debt-to-equity ratio of 0.50.

First Quantum Minerals (OTCMKTS:FQVLF) last released its quarterly earnings data on Tuesday, July 28th. The basic materials company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06). First Quantum Minerals had a negative return on equity of 2.29% and a negative net margin of 1.44%. The business had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.40 billion.

About First Quantum Minerals

First Quantum Minerals Ltd. is a Canadian mining and metals company focused primarily on the exploration, development and operation of copper mines. The company also produces gold, nickel and zinc as part of its mining activities and sells concentrates and other mineral products to customers in international markets.

First Quantum’s principal operations have included the Kansanshi and Sentinel copper mines in Zambia, the Ravensthorpe nickel operation in Western Australia and the Cobre Panama copper mine in Panama.