Scotiabank Estimates OTCMKTS:FQVLF FY2026 Earnings

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) – Equities research analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for shares of First Quantum Minerals in a research note issued to investors on Monday, November 2nd. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings of $0.16 per share for the year, up from their prior estimate of $0.13. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.18 per share.

First Quantum Minerals (OTCMKTS:FQVLF) last issued its quarterly earnings data on Wednesday, October 28th. The basic materials company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.12. The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates of $1.86 billion. First Quantum Minerals had a negative return on equity of 0.03% and a net margin of 2.65%.

A number of other equities research analysts have also commented on the company. Barclays reissued an “overweight” rating on shares of First Quantum Minerals in a research report on Wednesday, July 15th. TD Securities upgraded shares of First Quantum Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday, July 14th. Zacks Research lowered shares of First Quantum Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 6th. Citigroup reiterated a “positive” rating on shares of First Quantum Minerals in a report on Wednesday, July 15th. Finally, Morgan Stanley reissued an “overweight” rating on shares of First Quantum Minerals in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

First Quantum Minerals Stock Up 3.4%

FQVLF stock opened at $23.65 on Thursday. 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. The stock’s 50 day moving average is $28.87 and its 200-day moving average is $27.99. The firm has a market capitalization of $19.73 billion, a PE ratio of 118.25 and a beta of 1.33.

About First Quantum Minerals

First Quantum Minerals Ltd. is a mining and metals company focused primarily on the exploration, development and operation of copper mines. The company also produces gold, nickel and other mineral products as by-products of its operations. Its copper production supports industries such as electrical equipment, construction, transportation and renewable energy.

First Quantum’s principal operating assets include the Kansanshi copper-gold mine and the Sentinel copper mine in Zambia. The company has also operated the Cobre Panamá copper mine in Panama, although operations there were suspended following government action and a legal dispute in late 2023.