Alison Cheryl Beckett Purchases 1,029 Shares of First Quantum Minerals Ltd. (TSE:FM) Stock

First Quantum Minerals Ltd. (TSE:FM - Get Free Report) Director Alison Cheryl Beckett acquired 1,029 shares of the company's stock in a transaction dated Wednesday, July 2nd. The shares were bought at an average price of C$24.59 per share, for a total transaction of C$25,307.84.

First Quantum Minerals Stock Down 1.2%

Shares of FM stock traded down C$0.31 during trading hours on Monday, hitting C$24.76. 1,929,370 shares of the company were exchanged, compared to its average volume of 2,538,466. The business has a 50 day moving average of C$21.09 and a two-hundred day moving average of C$19.56. The company has a current ratio of 1.80, a quick ratio of 1.41 and a debt-to-equity ratio of 56.41. First Quantum Minerals Ltd. has a 52 week low of C$13.81 and a 52 week high of C$25.96. The company has a market capitalization of C$14.05 billion, a PE ratio of -9.15, a PEG ratio of -1.28 and a beta of 1.73.

Analyst Upgrades and Downgrades

FM has been the topic of a number of analyst reports. Desjardins raised shares of First Quantum Minerals to a "hold" rating in a research note on Thursday, April 3rd. Scotiabank boosted their price target on shares of First Quantum Minerals from C$22.50 to C$24.00 in a research report on Monday, June 16th. Royal Bank Of Canada boosted their price target on shares of First Quantum Minerals from C$24.00 to C$25.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Morgan Stanley reduced their price target on shares of First Quantum Minerals from C$19.70 to C$19.40 in a research report on Wednesday, April 9th. Finally, Barclays boosted their price target on shares of First Quantum Minerals from C$21.60 to C$25.80 and gave the company an "outperform" rating in a research report on Wednesday, July 2nd. Six investment analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$22.05.

About First Quantum Minerals

First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite.