First Quantum Minerals (TSE:FM) Upgraded at Raymond James Financial

First Quantum Minerals (TSE:FM - Get Free Report) was upgraded by equities research analysts at Raymond James Financial to a "hold" rating in a report released on Monday,Zacks.com reports. Raymond James Financial also issued estimates for First Quantum Minerals' Q2 2025 earnings at $0.09 EPS, Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.14 EPS and FY2025 earnings at $0.33 EPS.

FM has been the subject of several other research reports. Royal Bank Of Canada lifted 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. National Bankshares decreased 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 research report on Wednesday, April 16th. Canaccord Genuity Group raised shares of First Quantum Minerals from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 16th. Desjardins upgraded First Quantum Minerals to a "hold" rating in a research note on Thursday, April 3rd. Finally, Morgan Stanley decreased their price objective on First Quantum Minerals from C$19.70 to C$19.40 in a report on Wednesday, April 9th. Six investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$22.05.

First Quantum Minerals Trading Down 0.6%

Shares of TSE:FM traded down C$0.15 during mid-day trading on Monday, hitting C$24.97. The company had a trading volume of 338,229 shares, compared to its average volume of 2,558,250. The company has a debt-to-equity ratio of 56.41, a current ratio of 1.80 and a quick ratio of 1.41. First Quantum Minerals has a one year low of C$13.81 and a one year high of C$25.96. The firm has a fifty day moving average price of C$20.85 and a 200 day moving average price of C$19.45. The company has a market capitalization of C$14.17 billion, a PE ratio of -9.23, a price-to-earnings-growth ratio of -1.28 and a beta of 1.73.

Insider Buying and Selling

In other news, Director Alison Cheryl Beckett acquired 1,029 shares of First Quantum Minerals stock in a transaction that occurred on Wednesday, July 2nd. The stock was bought at an average price of C$24.59 per share, with a total value of C$25,307.84. 19.35% of the stock is currently owned by corporate insiders.

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.