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

First Quantum Minerals Ltd. (OTCMKTS:FQVLFGet Free Report) has been given an average rating of “Moderate Buy” by the ten brokerages that are presently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

A number of research analysts have issued reports on FQVLF shares. Raymond James Financial raised First Quantum Minerals to a “hold” rating in a report on Monday, June 30th. TD Securities reiterated a “hold” rating on shares of First Quantum Minerals in a research note on Monday, September 29th. National Bankshares reissued an “outperform” rating on shares of First Quantum Minerals in a report on Wednesday, August 13th. Barclays reaffirmed an “overweight” rating on shares of First Quantum Minerals in a report on Monday, July 28th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of First Quantum Minerals in a research note on Friday, July 25th.

Check Out Our Latest Report on FQVLF

First Quantum Minerals Price Performance

OTCMKTS:FQVLF opened at $23.16 on Monday. The firm’s fifty day moving average is $18.33 and its two-hundred day moving average is $16.06. The firm has a market cap of $19.32 billion, a price-to-earnings ratio of 96.50 and a beta of 1.36. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.00 and a current ratio of 2.00. First Quantum Minerals has a one year low of $10.18 and a one year high of $23.44.

First Quantum Minerals (OTCMKTS:FQVLFGet Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The basic materials company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.05. First Quantum Minerals had a return on equity of 1.44% and a net margin of 4.08%.The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.06 billion. Research analysts expect that First Quantum Minerals will post 0.03 EPS for the current year.

First Quantum Minerals Company Profile

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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.

Further Reading

Analyst Recommendations for First Quantum Minerals (OTCMKTS:FQVLF)

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