First Quantum Minerals (TSE:FM - Get Free Report) had its target price upped by TD Securities from C$30.00 to C$35.00 in a research note issued on Tuesday,BayStreet.CA reports. TD Securities' price target points to a potential upside of 17.53% from the company's previous close.
FM has been the topic of a number of other research reports. Barclays boosted their target price on shares of First Quantum Minerals from C$27.30 to C$38.00 in a research note on Friday, October 10th. Stifel Nicolaus boosted their price objective on shares of First Quantum Minerals from C$25.00 to C$26.00 and gave the stock a "hold" rating in a research note on Wednesday, August 6th. Morgan Stanley boosted their price objective on shares of First Quantum Minerals from C$24.60 to C$31.20 in a research note on Wednesday, October 8th. Desjardins boosted their price objective on shares of First Quantum Minerals from C$25.00 to C$26.00 and gave the stock a "hold" rating in a research note on Wednesday, August 20th. Finally, Raymond James Financial boosted their price objective on shares of First Quantum Minerals from C$25.00 to C$29.00 in a research note on Friday, October 10th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$33.73.
View Our Latest Report on First Quantum Minerals
First Quantum Minerals Price Performance
Shares of TSE FM traded down C$1.23 during midday trading on Tuesday, reaching C$29.78. 1,257,802 shares of the company were exchanged, compared to its average volume of 2,418,852. The stock's 50-day moving average price is C$27.24 and its 200-day moving average price is C$23.11. The stock has a market cap of C$24.84 billion, a P/E ratio of 119.12, a PEG ratio of -1.28 and a beta of 1.58. First Quantum Minerals has a one year low of C$14.41 and a one year high of C$33.88. The company has a quick ratio of 1.41, a current ratio of 1.80 and a debt-to-equity ratio of 56.41.
Insider Buying and Selling
In other First Quantum Minerals news, Senior Officer Zenon Wozniak sold 8,135 shares of the stock in a transaction dated Friday, August 1st. The shares were sold at an average price of C$22.82, for a total value of C$185,640.70. Company insiders own 19.35% of the company's stock.
First Quantum Minerals Company Profile
(
Get Free Report)
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.
Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider First Quantum Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Quantum Minerals wasn't on the list.
While First Quantum Minerals currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here

We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.