First Quantum Minerals Limited (OTCMKTS:FQVLF) Given Consensus Recommendation of “Hold” by Analysts

Share on StockTwits

Shares of First Quantum Minerals Limited (OTCMKTS:FQVLF) have received an average recommendation of “Hold” from the ten research firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company.

A number of research analysts recently issued reports on FQVLF shares. ValuEngine raised First Quantum Minerals from a “sell” rating to a “hold” rating in a report on Friday, June 21st. JPMorgan Chase & Co. cut First Quantum Minerals from a “neutral” rating to an “underweight” rating in a report on Wednesday, June 19th. TD Securities cut First Quantum Minerals from a “buy” rating to a “hold” rating in a report on Wednesday, July 31st. Citigroup cut First Quantum Minerals from a “buy” rating to a “neutral” rating in a report on Tuesday, May 21st. Finally, BMO Capital Markets reissued a “buy” rating on shares of First Quantum Minerals in a report on Tuesday, June 11th.

First Quantum Minerals stock traded down $0.12 during trading hours on Tuesday, hitting $6.36. 5,700 shares of the company traded hands, compared to its average volume of 61,987. The firm has a market cap of $4.46 billion, a P/E ratio of 8.99 and a beta of 3.35. The company has a quick ratio of 1.26, a current ratio of 1.99 and a debt-to-equity ratio of 0.66. The firm’s 50-day simple moving average is $8.71 and its two-hundred day simple moving average is $9.77. First Quantum Minerals has a 1-year low of $6.35 and a 1-year high of $13.96.

First Quantum Minerals (OTCMKTS:FQVLF) last posted its quarterly earnings data on Monday, July 29th. The basic materials company reported $0.13 earnings per share for the quarter. First Quantum Minerals had a net margin of 10.19% and a return on equity of 4.63%. The company had revenue of $939.00 million during the quarter.

The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, September 19th. Stockholders of record on Wednesday, August 28th will be given a dividend of $0.004 per share. The ex-dividend date is Tuesday, August 27th.

About First Quantum Minerals

First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, gold, and zinc ores, as well as produces acid. The company operates seven mines, including the Ravensthorpe nickel mine in Australia; the Kansanshi copper-gold mine and copper smelter in Zambia; the Sentinel copper operation in North Western Province of Zambia; the Guelb Moghrein copper-gold mine in Mauritania; the Çayeli copper-zinc mine in Turkey; the Las Cruces copper mine in Spain; and the Pyhäsalmi copper-zinc mine in Finland.

Further Reading: Google Finance

Analyst Recommendations for First Quantum Minerals (OTCMKTS:FQVLF)

Receive News & Ratings for First Quantum Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Quantum Minerals and related companies with MarketBeat.com's FREE daily email newsletter.