First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of First Quantum Minerals Ltd. (OTCMKTS:FQVLF) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $16.00.

A number of research analysts recently issued reports on FQVLF shares. Barclays raised shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 12th. Canaccord Genuity Group cut shares of First Quantum Minerals from a “buy” rating to a “hold” rating in a report on Thursday, January 16th.

First Quantum Minerals Trading Down 2.7 %

OTCMKTS:FQVLF opened at $12.25 on Wednesday. The company has a 50-day moving average price of $13.42 and a 200-day moving average price of $12.89. First Quantum Minerals has a 12 month low of $8.22 and a 12 month high of $15.23. The company has a current ratio of 1.80, a quick ratio of 0.93 and a debt-to-equity ratio of 0.48. The stock has a market cap of $10.22 billion, a price-to-earnings ratio of -5.49, a P/E/G ratio of 42.06 and a beta of 1.50.

About First Quantum Minerals

First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, silver, gold, and zinc ores, as well as produces acid. The company has operating mines located in Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, as well as a development project in Zambia.