First Quantum Minerals (OTCMKTS:FQVLF) Stock Price Up 20.1% – Time to Buy?

Posted by Geri Gentry on Jul 1st, 2026

Shares of First Quantum Minerals Ltd. (OTCMKTS:FQVLF – Get Free Report) were up 20.1% on Wednesday . The stock traded as high as $31.47 and last traded at $31.47. 1,274 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 356,306 shares. The stock had previously closed at $26.2090.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on FQVLF shares. Scotiabank reaffirmed an “outperform” rating on shares of First Quantum Minerals in a report on Monday, June 15th. UBS Group raised shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft upgraded shares of First Quantum Minerals from a “hold” rating to a “buy” rating in a research report on Wednesday, June 3rd. Barclays reaffirmed an “overweight” rating on shares of First Quantum Minerals in a research note on Monday, May 4th. Finally, Morgan Stanley upgraded shares of First Quantum Minerals from an “overweight” rating to an “overweight” rating in a report on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Read Our Latest Stock Analysis on FQVLF

First Quantum Minerals Price Performance

The company has a current ratio of 1.42, a quick ratio of 0.86 and a debt-to-equity ratio of 0.44. The firm’s 50-day moving average price is $27.85 and its 200-day moving average price is $27.14. The stock has a market capitalization of $22.82 billion, a PE ratio of -109.44 and a beta of 1.33.

First Quantum Minerals (OTCMKTS:FQVLF – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The basic materials company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.22). First Quantum Minerals had a negative return on equity of 1.21% and a negative net margin of 3.69%.The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.36 billion. On average, equities analysts forecast that First Quantum Minerals Ltd. will post 0.35 EPS for the current fiscal year.

First Quantum Minerals Company Profile

(Get Free Report)

First Quantum Minerals Ltd. is a Canada-based mining company principally engaged in the exploration, development, production and marketing of copper and other mineral commodities. Headquartered in Vancouver, British Columbia, the company develops and operates large-scale open-pit and underground mines and associated processing facilities. Its activities span the full value chain from exploration and feasibility studies through to mining, milling and the sale of concentrates and refined metals to global customers.

Copper is the company’s primary product, produced alongside by-products such as gold, nickel, zinc and cobalt depending on the orebody.