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

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) has been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms have recently commented on FQVLF. Canaccord Genuity Group cut shares of First Quantum Minerals from a “buy” rating to a “hold” rating in a research report on Thursday, January 16th. Stifel Canada raised shares of First Quantum Minerals to a “hold” rating in a research report on Wednesday.

First Quantum Minerals Trading Down 0.5 %

Shares of FQVLF stock opened at $15.48 on Thursday. The stock has a market cap of $12.91 billion, a price-to-earnings ratio of -774.00 and a beta of 1.49. The company has a quick ratio of 0.93, a current ratio of 2.08 and a debt-to-equity ratio of 0.49. First Quantum Minerals has a fifty-two week low of $9.76 and a fifty-two week high of $16.22. The firm’s 50 day moving average price is $13.24 and its two-hundred day moving average price is $13.21.

First Quantum Minerals (OTCMKTS:FQVLF) last announced its quarterly earnings results 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 net margin of 0.04% and a negative return on equity of 0.15%. On average, analysts anticipate that First Quantum Minerals will post 0.03 EPS for the current year.

About First Quantum Minerals

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.