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

Key Points

• First Quantum Minerals Ltd. has received a consensus recommendation of "Moderate Buy" from ten research firms, with ratings including five holds, three buys, and two strong buys.
• The company's latest earnings report showed an EPS of $0.02, exceeding the consensus estimate of ($0.03), alongside a revenue of $1.23 billion which beat estimates of $1.06 billion.
• As of Thursday, First Quantum Minerals’ stock price opened at $18.27, reflecting a market capitalization of $15.24 billion and varied performance metrics.

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Get Free Report) has earned an average rating of "Moderate Buy" from the ten research firms that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company.

A number of equities analysts have commented on FQVLF shares. Barclays reaffirmed an "overweight" rating on shares of First Quantum Minerals in a report on Monday, July 28th. Raymond James Financial raised shares of First Quantum Minerals to a "hold" rating in a research report on Monday, June 30th. Scotiabank reiterated a "sector perform" rating on shares of First Quantum Minerals in a research note on Tuesday, July 8th. Royal Bank Of Canada restated an "outperform" rating on shares of First Quantum Minerals in a research note on Friday, July 25th. Finally, National Bankshares reiterated an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, August 13th.

First Quantum Minerals Stock Down 0.4%

Shares of First Quantum Minerals stock opened at $18.27 on Thursday. The business has a 50-day moving average price of $17.25 and a 200 day moving average price of $15.14. First Quantum Minerals has a fifty-two week low of $10.18 and a fifty-two week high of $19.00. The firm has a market cap of $15.24 billion, a P/E ratio of 76.13 and a beta of 1.35. The company has a quick ratio of 1.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.48.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The basic materials company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.05. First Quantum Minerals had a return on equity of 1.44% and a net margin of 4.08%.The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.06 billion. On average, sell-side analysts forecast 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.

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