BMO Capital Markets Reiterates Buy Rating for First Quantum Minerals (OTCMKTS:FQVLF)
BMO Capital Markets restated their buy rating on shares of First Quantum Minerals (OTCMKTS:FQVLF) in a research report released on Tuesday, TipRanks reports.
Other equities research analysts have also recently issued reports about the stock. TD Securities cut shares of First Quantum Minerals to a buy rating in a report on Thursday, May 23rd. Deutsche Bank restated a buy rating on shares of First Quantum Minerals in a report on Tuesday, March 26th. Raymond James restated a buy rating on shares of First Quantum Minerals in a report on Monday, April 8th. JPMorgan Chase & Co. cut shares of First Quantum Minerals from an overweight rating to a neutral rating in a report on Friday, April 5th. Finally, Goldman Sachs Group cut shares of First Quantum Minerals from a buy rating to a neutral rating in a report on Monday, February 11th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of Hold.
OTCMKTS:FQVLF opened at $8.33 on Tuesday. 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 has a market capitalization of $5.91 billion, a price-to-earnings ratio of 9.37 and a beta of 3.21. First Quantum Minerals has a 12 month low of $7.10 and a 12 month high of $16.80.
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.
Featured Story: What does an equal weight rating mean?
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.