First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Receives Consensus Rating of “Moderate Buy” from Analysts

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) has been assigned an average rating of “Moderate Buy” from the eight analysts that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $16.00.

A number of equities analysts have recently commented on the stock. Barclays raised shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 12th. Canaccord Genuity Group cut shares of First Quantum Minerals from a “buy” rating to a “hold” rating in a report on Thursday, January 16th.

First Quantum Minerals Stock Down 8.7 %

FQVLF stock opened at $12.21 on Friday. The company has a current ratio of 2.08, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. First Quantum Minerals has a twelve month low of $8.67 and a twelve month high of $15.23. The company’s 50 day moving average is $13.20 and its two-hundred day moving average is $13.02. The stock has a market cap of $10.18 billion, a P/E ratio of -610.30 and a beta of 1.47.

First Quantum Minerals (OTCMKTS:FQVLF) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). First Quantum Minerals had a negative return on equity of 0.15% and a net margin of 0.04%. Research analysts expect that First Quantum Minerals will post 0.03 earnings per share for the current fiscal year.

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.