First Quantum Minerals (FQVLF) Expected to Announce Earnings on Tuesday

First Quantum Minerals (OTCMKTS:FQVLF) will likely be announcing its results after the market closes on Tuesday, February 10th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $1.3286 billion for the quarter.

First Quantum Minerals Stock Performance

OTCMKTS FQVLF opened at $28.47 on Tuesday. First Quantum Minerals has a twelve month low of $10.18 and a twelve month high of $33.30. The stock has a market cap of $23.75 billion, a P/E ratio of 569.41 and a beta of 1.32. The company’s 50-day simple moving average is $26.57 and its 200 day simple moving average is $22.02. The company has a quick ratio of 1.08, a current ratio of 1.94 and a debt-to-equity ratio of 0.45.

Analysts Set New Price Targets

Several analysts recently commented on FQVLF shares. Morgan Stanley reaffirmed an “overweight” rating on shares of First Quantum Minerals in a research note on Tuesday, December 16th. Raymond James Financial restated a “market perform” rating on shares of First Quantum Minerals in a research note on Wednesday, January 14th. BMO Capital Markets reiterated an “outperform” rating on shares of First Quantum Minerals in a research report on Wednesday, October 29th. Zacks Research cut shares of First Quantum Minerals from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of First Quantum Minerals in a report on Friday, January 16th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, First Quantum Minerals currently has an average rating of “Moderate Buy”.

First Quantum Minerals Company Profile

First Quantum Minerals Ltd. is a Canada-based mining company principally engaged in the exploration, development, production and marketing of copper and other mineral commodities. Headquartered in Vancouver, British Columbia, the company develops and operates large-scale open-pit and underground mines and associated processing facilities. Its activities span the full value chain from exploration and feasibility studies through to mining, milling and the sale of concentrates and refined metals to global customers.

Copper is the company’s primary product, produced alongside by-products such as gold, nickel, zinc and cobalt depending on the orebody.