First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Given Consensus Rating of “Buy” by Analysts

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) has been given a consensus rating of “Buy” by the nine analysts that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold rating, three have given a buy rating and three have issued a strong buy rating on the company.

Several research analysts have recently weighed in on FQVLF shares. Desjardins began coverage on shares of First Quantum Minerals in a report on Friday, April 4th. They set a “hold” rating for the company. National Bankshares restated an “outperform” rating on shares of First Quantum Minerals in a research note on Wednesday, April 2nd. Stifel Canada raised First Quantum Minerals to a “hold” rating in a report on Wednesday, March 19th. Canaccord Genuity Group upgraded shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. Finally, BMO Capital Markets raised shares of First Quantum Minerals to a “strong-buy” rating in a report on Tuesday.

First Quantum Minerals Trading Down 0.7 %

Shares of OTCMKTS FQVLF opened at $11.95 on Monday. The firm’s 50 day moving average price is $13.04 and its 200-day moving average price is $13.23. First Quantum Minerals has a 52-week low of $10.18 and a 52-week high of $16.23. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 2.08. The company has a market cap of $9.97 billion, a PE ratio of -597.45 and a beta of 1.32.

First Quantum Minerals (OTCMKTS:FQVLF) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). First Quantum Minerals had a net margin of 0.04% and a negative return on equity of 0.15%. On average, equities research analysts expect that First Quantum Minerals will post 0.03 EPS for the current fiscal year.

First Quantum Minerals Company Profile

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.