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First Quantum Minerals Ltd. (TSE:FM) Director Simon John Scott Acquires 619 Shares

First Quantum Minerals logo with Basic Materials background

First Quantum Minerals Ltd. (TSE:FM - Get Free Report) Director Simon John Scott bought 619 shares of the firm's stock in a transaction on Wednesday, July 2nd. The stock was purchased at an average cost of C$24.59 per share, for a total transaction of C$15,224.06.

First Quantum Minerals Trading Down 1.2%

TSE:FM traded down C$0.31 during mid-day trading on Monday, hitting C$24.76. 1,929,370 shares of the company's stock were exchanged, compared to its average volume of 2,538,466. The company has a 50 day simple moving average of C$21.09 and a 200-day simple 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 fifty-two week low of C$13.81 and a fifty-two week high of C$25.96. The firm has a market capitalization of C$14.05 billion, a P/E 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 several recent analyst reports. Scotiabank raised their target price on shares of First Quantum Minerals from C$22.50 to C$24.00 in a report on Monday, June 16th. Stifel Canada raised shares of First Quantum Minerals to a "hold" rating in a report on Wednesday, March 19th. BMO Capital Markets raised shares of First Quantum Minerals to a "strong-buy" rating in a report on Tuesday, April 15th. Royal Bank Of Canada raised their target price on shares of First Quantum Minerals from C$24.00 to C$25.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Finally, Morgan Stanley decreased their price target on shares of First Quantum Minerals from C$19.70 to C$19.40 in a report on Wednesday, April 9th. Six research 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 MarketBeat, First Quantum Minerals presently has a consensus rating of "Moderate Buy" and a consensus price target of C$22.05.

View Our Latest Stock Analysis on First Quantum Minerals

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.

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