First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of First Quantum Minerals Ltd. (OTCMKTS:FQVLF) have earned an average rating of “Moderate Buy” from the ten research firms that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating on the company.

A number of research firms recently issued reports on FQVLF. Barclays reiterated an “overweight” rating on shares of First Quantum Minerals in a report on Tuesday, May 6th. BMO Capital Markets upgraded First Quantum Minerals to a “strong-buy” rating in a report on Tuesday, April 15th. Scotiabank restated a “sector perform” rating on shares of First Quantum Minerals in a research note on Friday, April 25th. National Bankshares restated an “outperform” rating on shares of First Quantum Minerals in a research note on Wednesday, April 2nd. Finally, Stifel Canada upgraded First Quantum Minerals to a “hold” rating in a research note on Wednesday, March 19th.

First Quantum Minerals Price Performance

OTCMKTS:FQVLF opened at $14.68 on Friday. First Quantum Minerals has a one year low of $10.18 and a one year 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 stock has a market cap of $12.25 billion, a PE ratio of -734.00 and a beta of 1.33. The stock has a 50 day moving average price of $13.26 and a 200 day moving average price of $13.25.

First Quantum Minerals (OTCMKTS:FQVLF) last issued its quarterly earnings data on Wednesday, April 23rd. The basic materials company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.03. First Quantum Minerals had a negative return on equity of 0.15% and a net margin of 0.04%. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.04 billion. 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.