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

Shares of First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Get Free Report) have been given an average recommendation of "Moderate Buy" by the eight brokerages that are covering the firm, MarketBeat Ratings reports. Four equities research 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 target price among brokerages that have covered the stock in the last year is $16.00.

A number of research analysts recently issued reports on the company. Canaccord Genuity Group downgraded First Quantum Minerals from a "buy" rating to a "hold" rating in a research note on Thursday, January 16th. Barclays upgraded shares of First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 12th.

First Quantum Minerals Stock Performance

Shares of FQVLF stock traded down $0.52 during mid-day trading on Wednesday, hitting $12.67. 175,242 shares of the stock were exchanged, compared to its average volume of 173,077. The stock's fifty day simple moving average is $13.36 and its two-hundred day simple moving average is $12.87. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.93 and a current ratio of 1.80. First Quantum Minerals has a 12-month low of $8.22 and a 12-month high of $15.23. The stock has a market capitalization of $10.57 billion, a price-to-earnings ratio of -5.68, a P/E/G ratio of 43.12 and a beta of 1.50.

About First Quantum Minerals

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.