First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of First Quantum Minerals Ltd. (OTCMKTS:FQVLF) have been given an average rating of “Moderate Buy” by the eight analysts that are currently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $16.00.

A number of research firms have commented on FQVLF. Barclays upgraded shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 12th. Canaccord Genuity Group downgraded shares of First Quantum Minerals from a “buy” rating to a “hold” rating in a report on Thursday, January 16th.

First Quantum Minerals Stock Up 8.9 %

FQVLF stock opened at $13.21 on Wednesday. First Quantum Minerals has a 52 week low of $8.22 and a 52 week high of $15.23. The company has a market capitalization of $11.02 billion, a price-to-earnings ratio of -5.92, a price-to-earnings-growth ratio of 49.30 and a beta of 1.47. The firm’s 50-day moving average is $13.33 and its two-hundred day moving average is $12.87. The company has a current ratio of 1.80, a quick ratio of 0.93 and a debt-to-equity ratio of 0.48.

First Quantum Minerals Company Profile

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.