First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the nine research firms that are currently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have given a strong buy recommendation to the company.

A number of research firms recently issued reports on FQVLF. BMO Capital Markets raised shares of First Quantum Minerals to a "strong-buy" rating in a research note on Tuesday, April 15th. Canaccord Genuity Group upgraded First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 16th. Raymond James Financial upgraded First Quantum Minerals to a "hold" rating in a research report on Monday. Stifel Canada raised First Quantum Minerals to a "hold" rating in a research note on Wednesday, March 19th. Finally, Barclays reissued an "overweight" rating on shares of First Quantum Minerals in a research report on Tuesday, May 6th.

First Quantum Minerals Trading Down 0.3%

Shares of First Quantum Minerals stock traded down $0.05 during midday trading on Friday, reaching $17.69. 27,747 shares of the company's stock traded hands, compared to its average volume of 185,705. The stock has a 50 day moving average of $14.93 and a 200-day moving average of $13.71. First Quantum Minerals has a 12 month low of $10.18 and a 12 month high of $18.00. The company has a market cap of $14.76 billion, a PE ratio of 110.57 and a beta of 1.38. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.94 and a current ratio of 1.87.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The basic materials company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.03. First Quantum Minerals had a net margin of 2.78% and a return on equity of 1.19%. The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.04 billion. As a group, equities 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.