FY2026 Earnings Forecast for TSE:FM Issued By Scotiabank

First Quantum Minerals Ltd. (TSE:FMFree Report) – Scotiabank issued their FY2026 earnings estimates for First Quantum Minerals in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw anticipates that the company will post earnings of $1.22 per share for the year. Scotiabank has a “Sector Perform” rating and a $23.00 price objective on the stock. The consensus estimate for First Quantum Minerals’ current full-year earnings is $0.56 per share.

Other equities analysts have also issued research reports about the stock. Royal Bank of Canada boosted their price objective on shares of First Quantum Minerals from C$23.00 to C$24.00 in a research report on Wednesday. JPMorgan Chase & Co. decreased their price objective on shares of First Quantum Minerals from C$20.00 to C$18.00 in a research note on Friday, November 8th. Barclays upgraded shares of First Quantum Minerals from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, November 12th. Morgan Stanley boosted their target price 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 report on Thursday, December 12th. Finally, CIBC upped their price target on shares of First Quantum Minerals from C$18.00 to C$20.00 in a report on Wednesday, October 23rd. Nine research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, First Quantum Minerals presently has an average rating of “Hold” and a consensus price target of C$21.05.

Check Out Our Latest Stock Report on FM

First Quantum Minerals Stock Performance

Shares of FM opened at C$19.93 on Thursday. The company has a current ratio of 2.35, a quick ratio of 1.41 and a debt-to-equity ratio of 67.00. The stock has a market cap of C$16.62 billion, a P/E ratio of -7.69, a PEG ratio of -1.28 and a beta of 1.73. The company has a 50-day moving average of C$18.88 and a two-hundred day moving average of C$17.77. First Quantum Minerals has a 12-month low of C$10.91 and a 12-month high of C$21.45.

Insider Transactions at First Quantum Minerals

In other news, Senior Officer Zenon Wozniak sold 45,000 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of C$20.32, for a total transaction of C$914,400.00. Also, Director Simon John Scott bought 1,397 shares of the firm’s stock in a transaction that occurred on Tuesday, December 31st. The stock was purchased at an average cost of C$18.57 per share, with a total value of C$25,942.29. Corporate insiders own 19.35% of the company’s stock.

First Quantum Minerals Company Profile

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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.

See Also

Earnings History and Estimates for First Quantum Minerals (TSE:FM)

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