National Bank Financial Comments on TSE:FM Q1 Earnings

First Quantum Minerals Ltd. (TSE:FM) – Equities research analysts at National Bank Financial lowered their Q1 2025 EPS estimates for shares of First Quantum Minerals in a research report issued to clients and investors on Wednesday, February 12th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of ($0.11) per share for the quarter, down from their prior estimate of $0.35. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.56 per share. National Bank Financial also issued estimates for First Quantum Minerals’ Q2 2025 earnings at ($0.07) EPS, FY2025 earnings at $0.23 EPS, FY2026 earnings at $0.86 EPS and FY2027 earnings at $2.43 EPS.

First Quantum Minerals (TSE:FM) last posted its quarterly earnings data on Tuesday, February 11th. The company reported C$0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.03 by C$0.01. First Quantum Minerals had a negative net margin of 32.41% and a negative return on equity of 14.05%. During the same quarter in the prior year, the company posted ($0.37) earnings per share.

Other analysts also recently issued reports about the stock. Morgan Stanley lifted their price objective on shares of First Quantum Minerals from C$20.20 to C$22.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. CIBC boosted their price target on shares of First Quantum Minerals from C$18.00 to C$20.00 in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. lowered their price target on shares of First Quantum Minerals from C$18.00 to C$17.00 in a research note on Thursday, January 30th. Jefferies Financial Group lowered their price target on shares of First Quantum Minerals from C$23.00 to C$22.00 in a research note on Monday, January 6th. Finally, Scotiabank lowered their price target on shares of First Quantum Minerals from C$22.00 to C$21.50 and set a “sector perform” rating for the company in a research note on Thursday, January 16th. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of C$21.57.

First Quantum Minerals Stock Performance

TSE FM opened at C$19.56 on Monday. First Quantum Minerals has a 52-week low of C$10.91 and a 52-week high of C$21.45. The company has a debt-to-equity ratio of 56.41, a quick ratio of 1.41 and a current ratio of 1.80. The company has a market capitalization of C$11.10 billion, a P/E ratio of -7.23, a P/E/G ratio of -1.28 and a beta of 1.73. The company has a fifty day moving average of C$19.10 and a 200-day moving average of C$18.02.

Insider Activity at First Quantum Minerals

In other First Quantum Minerals news, Senior Officer Zenon Wozniak sold 45,000 shares of the company’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of C$20.32, for a total value of C$914,400.00. Also, Director Simon John Scott acquired 1,397 shares of the business’s stock in a transaction on Tuesday, December 31st. The stock was acquired at an average price of C$18.57 per share, for a total transaction of C$25,942.29. 19.35% of the stock is owned by corporate insiders.

First Quantum Minerals Company Profile

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.