First Quantum Minerals (FQVLF) Expected to Announce Earnings on Tuesday

First Quantum Minerals (OTCMKTS:FQVLF) is anticipated to release its results after the market closes on Tuesday, April 28th. Analysts expect First Quantum Minerals to post earnings of $0.1604 per share and revenue of $1.4858 billion for the quarter.

First Quantum Minerals (OTCMKTS:FQVLF) last released its earnings results on Tuesday, February 10th. The basic materials company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.05). The firm had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.33 billion. First Quantum Minerals had a negative net margin of 0.53% and a positive return on equity of 0.07%. On average, analysts expect First Quantum Minerals to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Quantum Minerals Stock Performance

OTCMKTS FQVLF opened at $26.32 on Monday. The company has a market cap of $21.96 billion, a P/E ratio of -658.00 and a beta of 1.40. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.42 and a quick ratio of 0.86. The stock has a 50-day moving average of $25.91 and a two-hundred day moving average of $25.22. First Quantum Minerals has a 1-year low of $12.31 and a 1-year high of $33.30.

Wall Street Analysts Forecast Growth

FQVLF has been the subject of several research reports. TD Securities reaffirmed a “hold” rating on shares of First Quantum Minerals in a research report on Thursday, February 12th. Raymond James Financial reaffirmed a “market perform” rating on shares of First Quantum Minerals in a research report on Wednesday, January 14th. UBS Group raised First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 12th. Scotiabank reaffirmed an “outperform” rating on shares of First Quantum Minerals in a research report on Tuesday, February 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of First Quantum Minerals in a research report on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, First Quantum Minerals has a consensus rating of “Moderate Buy”.

First Quantum Minerals Company Profile

First Quantum Minerals Ltd. is a Canada-based mining company principally engaged in the exploration, development, production and marketing of copper and other mineral commodities. Headquartered in Vancouver, British Columbia, the company develops and operates large-scale open-pit and underground mines and associated processing facilities. Its activities span the full value chain from exploration and feasibility studies through to mining, milling and the sale of concentrates and refined metals to global customers.

Copper is the company’s primary product, produced alongside by-products such as gold, nickel, zinc and cobalt depending on the orebody.