First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Given Consensus Recommendation of "Moderate Buy" by Analysts

Shares of First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Get Free Report) have been assigned an average rating of "Moderate Buy" from the seven brokerages that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts recently weighed in on the stock. Canaccord Genuity Group downgraded shares of First Quantum Minerals from a "buy" rating to a "hold" rating in a research report on Thursday, January 16th. Stifel Canada raised First Quantum Minerals to a "hold" rating in a report on Wednesday.

First Quantum Minerals Stock Performance

Shares of FQVLF traded down $0.07 during mid-day trading on Thursday, hitting $15.48. The stock had a trading volume of 177,200 shares, compared to its average volume of 184,122. First Quantum Minerals has a fifty-two week low of $9.76 and a fifty-two week high of $16.22. The company has a quick ratio of 0.93, a current ratio of 2.08 and a debt-to-equity ratio of 0.49. The company has a market cap of $12.91 billion, a PE ratio of -774.00 and a beta of 1.49. The company's fifty day simple moving average is $13.24 and its two-hundred day simple moving average is $13.21.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $0.04 EPS for the quarter, missing analysts' consensus estimates 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%. On average, equities analysts expect that First Quantum Minerals will post 0.03 earnings per share for the current year.

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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.