Several other analysts have also commented on the stock. TD Securities decreased their price target on shares of First Quantum Minerals Limited from C$21.00 to C$20.00 and set a buy rating for the company in a research report on Friday, April 28th. BMO Capital Markets reissued an outperform rating and set a C$21.00 price target on shares of First Quantum Minerals Limited in a research report on Monday, May 1st. Jefferies Group LLC decreased their price target on shares of First Quantum Minerals Limited from C$18.00 to C$14.00 in a research report on Thursday, June 8th. Scotiabank reissued an outperform rating and set a C$18.00 price target on shares of First Quantum Minerals Limited in a research report on Friday, April 28th. Finally, CSFB reissued an outperform rating and set a C$18.00 price target on shares of First Quantum Minerals Limited in a research report on Monday, April 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. First Quantum Minerals Limited has an average rating of Buy and an average target price of C$15.84.
Shares of First Quantum Minerals Limited (TSE FM) traded up 8.82% on Friday, reaching $13.69. 3,396,967 shares of the company were exchanged. The company has a market capitalization of $9.39 billion and a price-to-earnings ratio of 171.12. First Quantum Minerals Limited has a 52 week low of $9.53 and a 52 week high of $17.55. The company’s 50-day moving average is $11.25 and its 200-day moving average is $13.77.
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First Quantum Minerals Limited Company Profile
First Quantum Minerals Ltd. is engaged in the production of copper, nickel, gold, zinc and acid, and related activities, including exploration and development. The Company’s segments include individual mine development projects or mine operations and the Corporate & other segment. The Corporate & other segment is responsible for the evaluation and acquisition of mineral properties, regulatory reporting, treasury and finance and corporate administration.
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