Equities Analysts Issue Forecasts for First Quantum Minerals Ltd.’s Q3 2025 Earnings (TSE:FM)

First Quantum Minerals Ltd. (TSE:FM) – Raymond James upped their Q3 2025 EPS estimates for First Quantum Minerals in a report issued on Monday, September 23rd. Raymond James analyst F. Hamed now expects that the company will post earnings of $0.63 per share for the quarter, up from their previous forecast of $0.60. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.47 per share. Raymond James also issued estimates for First Quantum Minerals’ Q4 2025 earnings at $0.68 EPS.

A number of other research analysts have also recently commented on the company. Citigroup upgraded First Quantum Minerals from a “neutral” rating to a “buy” rating and raised their target price for the company from C$14.00 to C$26.00 in a research note on Thursday, June 20th. Cormark dropped their target price on shares of First Quantum Minerals from C$25.00 to C$23.50 and set a “buy” rating on the stock in a report on Thursday, July 25th. Morgan Stanley increased their price target on shares of First Quantum Minerals from C$19.40 to C$20.20 in a research note on Thursday, September 19th. CIBC lifted their price target on shares of First Quantum Minerals from C$15.00 to C$18.00 and gave the company a “neutral” rating in a research report on Thursday, June 20th. Finally, Royal Bank of Canada cut their price objective on shares of First Quantum Minerals from C$25.00 to C$22.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, First Quantum Minerals currently has a consensus rating of “Hold” and a consensus price target of C$20.12.

First Quantum Minerals Stock Performance

Shares of FM opened at C$18.55 on Wednesday. First Quantum Minerals has a one year low of C$9.31 and a one year high of C$32.48. The company has a 50-day simple moving average of C$16.45 and a two-hundred day simple moving average of C$16.55. The company has a debt-to-equity ratio of 67.00, a current ratio of 2.35 and a quick ratio of 1.41. The firm has a market capitalization of C$15.47 billion, a PE ratio of -7.25, a price-to-earnings-growth ratio of -1.28 and a beta of 1.72.

First Quantum Minerals (TSE:FM) last posted its earnings results on Tuesday, July 23rd. The company reported C($0.03) EPS for the quarter, topping the consensus estimate of C($0.05) by C$0.02. First Quantum Minerals had a negative net margin of 24.07% and a negative return on equity of 14.87%. The firm had revenue of C$1.68 billion during the quarter, compared to analysts’ expectations of C$1.42 billion.

Insider Activity at First Quantum Minerals

In other First Quantum Minerals news, Senior Officer Ryan Leslie Macwilliam sold 16,000 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of C$16.54, for a total transaction of C$264,640.00. In other news, Senior Officer Zenon Wozniak sold 6,323 shares of the firm’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of C$18.53, for a total transaction of C$117,165.19. Also, Senior Officer Ryan Leslie Macwilliam sold 16,000 shares of First Quantum Minerals stock in a transaction on Monday, July 29th. The shares were sold at an average price of C$16.54, for a total transaction of C$264,640.00. 19.35% of the stock is currently owned by company insiders.

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.