First Quantum Minerals Limited (FQVLF) Receives Average Recommendation of “Buy” from Analysts
Shares of First Quantum Minerals Limited (OTCMKTS:FQVLF) have received an average rating of “Buy” from the eight brokerages that are presently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.
Separately, Canaccord Genuity upgraded shares of First Quantum Minerals from a “hold” rating to a “buy” rating in a report on Thursday, October 11th.
OTCMKTS FQVLF traded down $0.09 during trading hours on Friday, reaching $9.74. 255 shares of the company were exchanged, compared to its average volume of 43,395. First Quantum Minerals has a 1 year low of $8.17 and a 1 year high of $17.74. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.20 and a current ratio of 1.80. The company has a market capitalization of $6.17 billion, a PE ratio of 9.52 and a beta of 3.17.
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 in seven mines and one copper smelter, including the Ravensthorpe nickel mine in Australia; the Kansanshi copper-gold mine 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.
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