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First Quantum Minerals Ltd (TSE:FM)
TSX:FM
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.03Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 3.07%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Neutral
While the company has made significant strides in financial restructuring and maintains strong operational capabilities, challenges in Panama, power issues in Zambia, and lower production with increased costs in Sentinel and Enterprise highlight ongoing operational challenges.Company Guidance
During the First Quantum Minerals Ltd. first quarter 2025 results conference call, the company provided several key financial and operational metrics that underscore its strategic initiatives. The company announced a $500 million copper prepay agreement, supplementing a similar deal from the previous year, and completed a $1 billion note offering to retire a portion of its 2027 notes. Operationally, Kansanshi produced 47,000 tonnes of copper and nearly 30,000 ounces of gold with a copper C1 cash cost of $1.34 per pound, while Sentinel reported 46,000 tonnes of copper production at a cash cost of $2.55 per pound. Despite challenges, including the suspension of operations at Cobre Panama, which resulted in $13 million monthly costs, the company remains on track for its 2025 production guidance, with ongoing efforts to resolve issues in Panama and manage power constraints in Zambia. The company also reaffirmed its commitment to maintaining strong liquidity, ending the quarter with $1.6 billion, and continues to explore strategic partnerships and hedging strategies to enhance financial resilience.Strategic Financial Actions
First Quantum Minerals secured an additional $500 million copper prepay and completed a $1 billion note offering, significantly improving liquidity and extending debt maturities.
Operational Excellence in Zambia
Kansanshi and Sentinel operations maintained production despite challenges, with Kansanshi producing 47,000 tonnes of copper and 30,000 ounces of gold.
Progress on Kansanshi S3 Expansion
The Kansanshi S3 expansion project achieved 83% construction completion and remains on budget for a mid-2025 completion.
Strong Gold Production
Gold production was robust with Kansanshi producing nearly 30,000 ounces, benefiting from high gold prices.
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TSE:FM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:FM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | C$18.23 | C$19.09 | +4.72% |
| Feb 11, 2025 | C$18.83 | C$18.91 | +0.42% |
| Oct 22, 2024 | C$18.37 | C$18.61 | +1.31% |
| Jul 23, 2024 | C$16.34 | C$16.76 | +2.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does First Quantum Minerals Ltd (TSE:FM) report earnings?
First Quantum Minerals Ltd (TSE:FM) is schdueled to report earning on Jul 29, 2025, TBA Not Confirmed.
What is First Quantum Minerals Ltd (TSE:FM) earnings time?
First Quantum Minerals Ltd (TSE:FM) earnings time is at Jul 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:FM EPS forecast?
TSE:FM EPS forecast for the fiscal quarter 2025 (Q2) is -0.04.
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