Scotiabank Weighs in on TSE:FM FY2026 Earnings

First Quantum Minerals Ltd. (TSE:FM) – Equities researchers at Scotiabank issued their FY2026 earnings per share (EPS) 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.

A number of other equities analysts have also commented on the stock. CIBC raised their target price on shares of First Quantum Minerals from C$18.00 to C$20.00 in a research report on Wednesday, October 23rd. Royal Bank of Canada lifted their price objective on shares of First Quantum Minerals from C$23.00 to C$24.00 in a research note on Wednesday. Barclays upgraded shares of First Quantum Minerals from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, November 12th. National Bankshares boosted their target price on shares of First Quantum Minerals from C$21.00 to C$22.50 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, Jefferies Financial Group decreased their target price on shares of First Quantum Minerals from C$23.00 to C$22.00 in a research report on Monday. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$21.05.

First Quantum Minerals Stock Performance

First Quantum Minerals stock opened at C$19.93 on Thursday. The company has a debt-to-equity ratio of 67.00, a current ratio of 2.35 and a quick ratio of 1.41. First Quantum Minerals has a 1-year low of C$10.91 and a 1-year high of C$21.45. The firm has a market capitalization of C$16.62 billion, a P/E ratio of -7.69, a price-to-earnings-growth ratio of -1.28 and a beta of 1.73. The company’s 50-day moving average is C$18.88 and its 200 day moving average is C$17.77.

Insider Activity

In other First Quantum Minerals news, Senior Officer Zenon Wozniak sold 45,000 shares of the firm’s stock in a transaction 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 acquired 1,397 shares of the stock in a transaction on Tuesday, December 31st. The shares were acquired at an average cost of C$18.57 per share, for a total transaction of C$25,942.29. Company insiders own 19.35% of the company’s stock.

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.