First Quantum Minerals Ltd. (TSE:FM) Director Alison Cheryl Beckett Acquires 1,029 Shares

First Quantum Minerals Ltd. (TSE:FM - Get Free Report) Director Alison Cheryl Beckett bought 1,029 shares of the firm's stock in a transaction that occurred on Wednesday, July 2nd. The stock was purchased at an average cost of C$24.59 per share, with a total value of C$25,307.84.

First Quantum Minerals Price Performance

Shares of TSE FM traded down C$0.05 during midday trading on Friday, reaching C$25.07. The company's stock had a trading volume of 635,000 shares, compared to its average volume of 2,543,224. The company has a market cap of C$14.23 billion, a P/E ratio of -9.27, a P/E/G ratio of -1.28 and a beta of 1.73. First Quantum Minerals Ltd. has a fifty-two week low of C$13.81 and a fifty-two week high of C$25.96. The company has a debt-to-equity ratio of 56.41, a quick ratio of 1.41 and a current ratio of 1.80. The business's 50 day moving average price is C$20.97 and its two-hundred day moving average price is C$19.49.

Analysts Set New Price Targets

FM has been the topic of several research reports. Morgan Stanley decreased their price objective on shares of First Quantum Minerals from C$19.70 to C$19.40 in a report on Wednesday, April 9th. National Bankshares reduced their target price on shares of First Quantum Minerals from C$25.50 to C$24.00 and set an "outperform" rating for the company in a report on Wednesday, April 16th. BMO Capital Markets raised shares of First Quantum Minerals to a "strong-buy" rating in a report on Tuesday, April 15th. Barclays boosted their price objective on First Quantum Minerals from C$21.60 to C$25.80 and gave the stock an "outperform" rating in a report on Wednesday. Finally, Desjardins upgraded First Quantum Minerals to a "hold" rating in a research note on Thursday, April 3rd. Six investment analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, First Quantum Minerals has a consensus 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.