First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) has received a consensus recommendation of "Moderate Buy" from twelve analysts. Among them, four analysts rated it as a hold, five as a buy, and three as a strong buy. Recent ratings include a "buy" from Citigroup and an "overweight" from Barclays. The stock opened at $21.09, with a market cap of $17.59 billion. The company reported a quarterly loss of ($0.02) EPS, missing estimates, and had revenue of $1.35 billion, below the expected $1.47 billion.

Shares of First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the twelve analysts that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and three have assigned a strong buy recommendation to the company.

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A number of analysts have weighed in on the stock. Citigroup restated a "buy" rating on shares of First Quantum Minerals in a research report on Wednesday, October 8th. Barclays reiterated an "overweight" rating on shares of First Quantum Minerals in a report on Monday, July 28th. Royal Bank Of Canada reiterated an "outperform" rating on shares of First Quantum Minerals in a report on Friday, July 25th. TD Securities reissued a "hold" rating on shares of First Quantum Minerals in a research report on Monday, September 29th. Finally, National Bankshares reaffirmed an "outperform" rating on shares of First Quantum Minerals in a research report on Wednesday, August 13th.

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First Quantum Minerals Stock Down 3.4%

First Quantum Minerals stock opened at $21.09 on Friday. The stock has a market cap of $17.59 billion, a P/E ratio of 421.88 and a beta of 1.36. The company has a quick ratio of 1.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.48. First Quantum Minerals has a twelve month low of $10.18 and a twelve month high of $24.75. The company's 50-day moving average price is $20.42 and its two-hundred day moving average price is $17.27.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last released its quarterly earnings results on Tuesday, October 28th. The basic materials company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.10). First Quantum Minerals had a net margin of 0.92% and a return on equity of 0.29%. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.47 billion. As a group, analysts expect that First Quantum Minerals will post 0.03 EPS for the current year.

First Quantum Minerals Company Profile

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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.

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