First Quantum Minerals (OTCMKTS:FQVLF) Sets New 1-Year High – Still a Buy?

Posted by Cynthia Vaughn on Mar 26th, 2025

First Quantum Minerals Ltd. (OTCMKTS:FQVLF – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $16.23 and last traded at $14.96, with a volume of 406525 shares changing hands. The stock had previously closed at $15.85.

Wall Street Analyst Weigh In

Several brokerages have recently commented on FQVLF. Stifel Canada upgraded First Quantum Minerals to a “hold” rating in a research note on Wednesday, March 19th. Canaccord Genuity Group cut First Quantum Minerals from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Four analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, First Quantum Minerals currently has an average rating of “Moderate Buy”.

Get Our Latest Analysis on FQVLF

First Quantum Minerals Price Performance

The stock has a market capitalization of $12.48 billion, a P/E ratio of -748.00 and a beta of 1.49. The business’s 50 day simple moving average is $13.33 and its two-hundred day simple moving average is $13.30. The company has a quick ratio of 0.93, a current ratio of 2.08 and a debt-to-equity ratio of 0.49.

First Quantum Minerals (OTCMKTS:FQVLF – Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). First Quantum Minerals had a net margin of 0.04% and a negative return on equity of 0.15%. As a group, sell-side analysts forecast that First Quantum Minerals Ltd. will post 0.03 earnings per share for the current fiscal year.

First Quantum Minerals Company Profile

(Get Free Report)

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.