First Quantum Minerals Ltd. (OTCMKTS:FQVLF – Free Report) – Raymond James reduced their Q4 2024 earnings estimates for shares of First Quantum Minerals in a research report issued to clients and investors on Wednesday, April 17th. Raymond James analyst F. Hamed now expects that the basic materials company will post earnings of $0.01 per share for the quarter, down from their previous forecast of $0.04. Raymond James has a “Market Perform” rating and a $16.00 price objective on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is ($0.14) per share.
First Quantum Minerals (OTCMKTS:FQVLF – Get Free Report) last posted its earnings results on Tuesday, February 20th. The basic materials company reported ($0.37) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.21). First Quantum Minerals had a negative net margin of 14.78% and a positive return on equity of 2.19%. The firm had revenue of $1.22 billion during the quarter.
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First Quantum Minerals Stock Performance
Shares of FQVLF stock opened at $11.35 on Monday. The firm’s 50 day moving average price is $10.29 and its 200-day moving average price is $11.10. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.93 and a current ratio of 1.72. First Quantum Minerals has a one year low of $6.92 and a one year high of $29.79. The firm has a market cap of $9.46 billion, a P/E ratio of -8.22 and a beta of 1.82.
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.
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