First Quantum Minerals Ltd. (TSE:FM) Senior Officer Zenon Wozniak Sells 45,000 Shares

First Quantum Minerals Ltd. (TSE:FM) Senior Officer Zenon Wozniak sold 45,000 shares of the firm’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of C$20.32, for a total value of C$914,400.00.

Zenon Wozniak also recently made the following trade(s):

• On Tuesday, September 24th, Zenon Wozniak sold 6,323 shares of First Quantum Minerals stock. The stock was sold at an average price of C$18.53, for a total transaction of C$117,165.19.

First Quantum Minerals Stock Down 0.3 %

First Quantum Minerals stock opened at C$19.40 on Friday. First Quantum Minerals Ltd. has a one year low of C$10.07 and a one year high of C$21.45. The stock has a fifty day moving average of C$18.72 and a 200 day moving average of C$17.71. The company has a debt-to-equity ratio of 67.00, a quick ratio of 1.41 and a current ratio of 2.35. The stock has a market cap of C$16.18 billion, a PE ratio of -7.49, a price-to-earnings-growth ratio of -1.28 and a beta of 1.73.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on FM shares. Morgan Stanley upped their price objective on shares of First Quantum Minerals from C$20.20 to C$22.00 and gave the stock an “equal weight” rating in a report on Thursday. Scotiabank raised their price objective on First Quantum Minerals from C$18.50 to C$23.00 and gave the company a “sector perform” rating in a research report on Thursday. CIBC boosted their target price on First Quantum Minerals from C$18.00 to C$20.00 in a report on Wednesday, October 23rd. Royal Bank of Canada raised their price target on First Quantum Minerals from C$22.00 to C$23.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Finally, JPMorgan Chase & Co. lowered their price target on First Quantum Minerals from C$20.00 to C$18.00 in a research report on Friday, November 8th. Nine research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of C$21.05.

First Quantum Minerals Company Profile

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.