First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of First Quantum Minerals Ltd. (OTCMKTS:FQVLF) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

Several equities analysts have recently weighed in on FQVLF shares. Canaccord Genuity Group lowered shares of First Quantum Minerals from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Stifel Canada raised First Quantum Minerals to a “hold” rating in a research report on Wednesday, March 19th.

First Quantum Minerals Price Performance

Shares of FQVLF opened at $15.83 on Thursday. The business has a 50-day moving average of $13.28 and a 200-day moving average of $13.27. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.08 and a quick ratio of 0.93. The company has a market capitalization of $13.20 billion, a price-to-earnings ratio of -791.25 and a beta of 1.49. First Quantum Minerals has a 1 year low of $9.76 and a 1 year high of $16.22.

First Quantum Minerals (OTCMKTS:FQVLF) last posted its quarterly earnings data 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 negative return on equity of 0.15% and a net margin of 0.04%. As a group, equities research analysts anticipate that First Quantum Minerals will post 0.03 earnings per share for the current year.

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.