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

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) has been given a consensus recommendation of “Moderate Buy” by the fourteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have given a strong buy recommendation to the company.

Several equities research analysts recently commented on FQVLF shares. Stifel Nicolaus raised First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 21st. Morgan Stanley restated an “overweight” rating on shares of First Quantum Minerals in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft downgraded First Quantum Minerals from a “buy” rating to a “hold” rating in a research note on Wednesday, November 26th. Zacks Research cut shares of First Quantum Minerals from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Raymond James Financial reissued a “market perform” rating on shares of First Quantum Minerals in a report on Wednesday, January 14th.

First Quantum Minerals Stock Up 4.8%

Shares of OTCMKTS FQVLF opened at $27.30 on Friday. The stock has a market cap of $22.77 billion, a PE ratio of 546.11 and a beta of 1.32. The company has a current ratio of 1.94, a quick ratio of 1.08 and a debt-to-equity ratio of 0.45. First Quantum Minerals has a 12-month low of $10.18 and a 12-month high of $33.30. The company has a 50-day moving average of $27.05 and a 200 day moving average of $22.27.

About First Quantum Minerals

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.