Research Analysts Issue Forecasts for TSE:FM Q1 Earnings

First Quantum Minerals Ltd. (TSE:FM) – Stifel Canada issued their Q1 2025 earnings per share (EPS) estimates for First Quantum Minerals in a note issued to investors on Tuesday, April 1st. Stifel Canada analyst R. Profiti expects that the company will post earnings of ($0.10) per share for the quarter. Stifel Canada has a “Hold” rating on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.56 per share. Stifel Canada also issued estimates for First Quantum Minerals’ Q3 2025 earnings at ($0.06) EPS, Q1 2026 earnings at $0.06 EPS, Q2 2026 earnings at $0.09 EPS and FY2029 earnings at $1.53 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, beating the consensus estimate of C$0.03 by C$0.01. First Quantum Minerals had a negative return on equity of 14.05% and a negative net margin of 32.41%. During the same period in the prior year, the firm posted ($0.37) EPS.

A number of other research analysts have also recently weighed in on FM. JPMorgan Chase & Co. dropped their price objective on shares of First Quantum Minerals from C$18.00 to C$17.00 in a report on Thursday, January 30th. Morgan Stanley boosted their price target on shares of First Quantum Minerals from C$20.20 to C$22.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. TD Securities upped their price objective on First Quantum Minerals from C$19.00 to C$20.00 and gave the stock a “hold” rating in a research report on Thursday, February 13th. Royal Bank of Canada lifted their target price on First Quantum Minerals from C$23.00 to C$24.00 in a report on Wednesday, January 8th. Finally, Scotiabank cut their price target on First Quantum Minerals from C$22.00 to C$21.50 and set a “sector perform” rating on the stock in a report on Thursday, January 16th. Ten equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of C$21.57.

First Quantum Minerals Stock Performance

TSE FM opened at C$19.89 on Thursday. The company has a market cap of C$11.29 billion, a P/E ratio of -7.35, a P/E/G ratio of -1.28 and a beta of 1.73. First Quantum Minerals has a 1-year low of C$13.81 and a 1-year high of C$23.28. The company has a debt-to-equity ratio of 56.41, a current ratio of 1.80 and a quick ratio of 1.41. The stock has a 50-day moving average of C$19.28 and a two-hundred day moving average of C$18.73.

Insider Buying and Selling

In other news, Senior Officer Zenon Wozniak sold 40,000 shares of the stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of C$21.11, for a total value of C$844,400.00. Also, Director Charles Kevin Mcarthur bought 25,000 shares of the stock in a transaction dated Monday, March 3rd. The shares were acquired at an average price of C$17.23 per share, for a total transaction of C$430,842.13. 19.35% of the stock is 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.