First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Given Consensus Rating of "Moderate Buy" by Analysts

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Get Free Report) has received an average recommendation of "Moderate Buy" from the nine analysts that are covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of equities analysts recently weighed in on FQVLF shares. Desjardins assumed coverage on shares of First Quantum Minerals in a report on Friday, April 4th. They set a "hold" rating on the stock. Barclays restated an "overweight" rating on shares of First Quantum Minerals in a research note on Tuesday, May 6th. BMO Capital Markets upgraded shares of First Quantum Minerals to a "strong-buy" rating in a research note on Tuesday, April 15th. Stifel Canada raised First Quantum Minerals to a "hold" rating in a research report on Wednesday, March 19th. Finally, Canaccord Genuity Group raised First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th.

First Quantum Minerals Stock Up 1.9%

OTCMKTS:FQVLF traded up $0.28 on Tuesday, hitting $15.36. 187,610 shares of the company's stock were exchanged, compared to its average volume of 197,887. The firm has a 50-day moving average price of $13.32 and a 200-day moving average price of $13.39. First Quantum Minerals has a 52 week low of $10.18 and a 52 week high of $16.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.08 and a quick ratio of 0.93. The company has a market cap of $12.81 billion, a P/E ratio of -768.00 and a beta of 1.33.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last released its earnings results on Wednesday, April 23rd. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.03. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.04 billion. First Quantum Minerals had a negative return on equity of 0.15% and a net margin of 0.04%. As a group, analysts expect that First Quantum Minerals will post 0.03 EPS for the current fiscal 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.