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

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the eight research firms that are presently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of research analysts have weighed in on the company. National Bankshares reissued an "outperform" rating on shares of First Quantum Minerals in a report on Wednesday, April 2nd. Barclays reissued an "overweight" rating on shares of First Quantum Minerals in a report on Tuesday, May 6th. Desjardins assumed coverage on First Quantum Minerals in a report on Friday, April 4th. They issued a "hold" rating on the stock. Stifel Canada raised First Quantum Minerals to a "hold" rating in a report on Wednesday, March 19th. Finally, Canaccord Genuity Group raised First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 16th.

First Quantum Minerals Price Performance

FQVLF opened at $17.44 on Friday. 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 has a 52-week low of $10.18 and a 52-week high of $17.66. The stock has a market capitalization of $14.55 billion, a PE ratio of 109.01 and a beta of 1.36. The stock's 50 day moving average price is $14.69 and its 200-day moving average price is $13.66.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last released its earnings results on Wednesday, April 23rd. The basic materials company reported ($0.03) EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.03. First Quantum Minerals had a return on equity of 1.19% and a net margin of 2.78%. The firm had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.04 billion. On average, equities research analysts predict 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.

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