First Quantum Minerals Ltd. Announces Dividend of $0.00 (OTCMKTS:FQVLF)

First Quantum Minerals Ltd. (OTCMKTS:FQVLFGet Rating) announced a dividend on Friday, April 8th, investing.com reports. Shareholders of record on Thursday, April 14th will be given a dividend of 0.0039 per share by the basic materials company on Friday, May 6th. This represents a yield of 0.02%. The ex-dividend date of this dividend is Wednesday, April 13th.

FQVLF stock opened at $32.46 on Tuesday. The stock has a market capitalization of $22.44 billion, a P/E ratio of 28.48 and a beta of 2.00. The company has a 50 day moving average price of $30.26 and a two-hundred day moving average price of $25.53. First Quantum Minerals has a one year low of $16.19 and a one year high of $37.76. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.56 and a current ratio of 2.34.

A number of equities analysts have weighed in on the stock. Barclays lowered shares of First Quantum Minerals from an “equal weight” rating to an “underweight” rating in a report on Thursday, February 3rd. CIBC lifted their price target on shares of First Quantum Minerals from C$37.00 to C$40.00 in a report on Thursday, January 20th. Jefferies Financial Group lifted their price target on shares of First Quantum Minerals from C$50.00 to C$53.00 in a report on Wednesday, March 9th. Scotiabank lifted their price target on shares of First Quantum Minerals from C$43.00 to C$44.00 in a report on Tuesday, January 18th. Finally, Stifel Nicolaus lifted their price target on shares of First Quantum Minerals from C$36.00 to C$43.00 in a report on Thursday, March 17th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, First Quantum Minerals currently has a consensus rating of “Buy” and an average price target of $39.91.

First Quantum Minerals Company Profile (Get Rating)

First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, gold, silver, and zinc ores, as well as produces acid. The company holds 100% interests in the Ravensthorpe nickel and cobalt mine in Australia; the Sentinel copper project in North Western Province of Zambia; the Las Cruces copper mine in Spain; the Guelb Moghrein copper-gold mine in Mauritania; the Pyhäsalmi copper, pyrite, zinc mine in Finland; and the Ãayeli copper-zinc mine in Turkey.

Further Reading

Dividend History for First Quantum Minerals (OTCMKTS:FQVLF)

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