Simon John Scott Purchases 619 Shares of First Quantum Minerals Ltd. (TSE:FM) Stock

First Quantum Minerals Ltd. (TSE:FM - Get Free Report) Director Simon John Scott bought 619 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$15,224.06.

First Quantum Minerals Price Performance

TSE FM traded down C$0.05 during mid-day trading on Friday, hitting C$25.07. The stock had a trading volume of 635,000 shares, compared to its average volume of 2,543,224. 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 cap of C$14.23 billion, a price-to-earnings ratio of -9.27, a P/E/G ratio of -1.28 and a beta of 1.73. The company has a 50 day simple moving average of C$20.97 and a 200 day simple moving average of C$19.49. The company has a quick ratio of 1.41, a current ratio of 1.80 and a debt-to-equity ratio of 56.41.

Analyst Ratings Changes

FM has been the subject of a number of recent research reports. Scotiabank increased their price objective on First Quantum Minerals from C$22.50 to C$24.00 in a research report on Monday, June 16th. Desjardins raised First Quantum Minerals to a "hold" rating in a research report on Thursday, April 3rd. BMO Capital Markets raised First Quantum Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. Stifel Canada raised First Quantum Minerals to a "hold" rating in a research report on Wednesday, March 19th. Finally, Royal Bank Of Canada increased their price objective on First Quantum Minerals from C$24.00 to C$25.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. Six analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target 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.