Stifel Canada Has Optimistic Outlook of TSE:FM Q2 Earnings

First Quantum Minerals Ltd. (TSE:FM) – Stock analysts at Stifel Canada increased their Q2 2025 earnings estimates for shares of First Quantum Minerals in a research note issued on Thursday, April 24th. Stifel Canada analyst R. Profiti now expects that the company will post earnings of ($0.08) per share for the quarter, up from their prior forecast of ($0.09). 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 ($0.04) EPS, Q4 2025 earnings at ($0.01) EPS, FY2025 earnings at ($0.14) EPS, Q4 2026 earnings at $0.14 EPS, FY2026 earnings at $0.43 EPS, FY2027 earnings at $0.82 EPS and FY2028 earnings at $1.35 EPS.

First Quantum Minerals (TSE:FM) last announced its quarterly earnings results on Tuesday, February 11th. The company reported C$0.04 EPS for the quarter, beating the consensus estimate 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 period in the prior year, the business posted ($0.37) earnings per share.

Other equities research analysts have also issued research reports about the company. Royal Bank of Canada lifted their price target on First Quantum Minerals from C$23.00 to C$24.00 in a research note on Wednesday, January 8th. BMO Capital Markets raised First Quantum Minerals to a “strong-buy” rating in a research note on Tuesday, April 15th. Barclays decreased their price target on shares of First Quantum Minerals from C$25.00 to C$23.40 in a research note on Thursday, January 30th. National Bankshares cut their price objective on shares of First Quantum Minerals from C$25.50 to C$24.00 and set an “outperform” rating for the company in a research note on Wednesday, April 16th. Finally, Morgan Stanley decreased their target price on shares of First Quantum Minerals from C$19.70 to C$19.40 in a research report on Wednesday, April 9th. Eight research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$21.77.

First Quantum Minerals Stock Performance

TSE:FM opened at C$18.88 on Monday. The company has a quick ratio of 1.41, a current ratio of 1.80 and a debt-to-equity ratio of 56.41. The business’s 50-day moving average price is C$18.42 and its two-hundred day moving average price is C$18.71. The stock has a market cap of C$10.72 billion, a P/E ratio of -6.98, a PEG ratio of -1.28 and a beta of 1.73. First Quantum Minerals has a twelve month low of C$13.81 and a twelve month high of C$23.28.

Insider Activity at First Quantum Minerals

In other news, Director Alison Cheryl Beckett acquired 1,388 shares of the stock in a transaction on Monday, March 31st. The stock was acquired at an average price of C$19.25 per share, with a total value of C$26,719.00. Also, Senior Officer Zenon Wozniak sold 40,000 shares of the company’s stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of C$21.11, for a total transaction of C$844,400.00. 19.35% of the stock is currently owned by company insiders.

First Quantum Minerals Company Profile

First Quantum Minerals Ltd is a diversified mining company. The company’s principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite.