First Quantum Minerals Ltd. (OTCMKTS:FQVLF) Receives Consensus Rating of “Moderate Buy” from Analysts

First Quantum Minerals Ltd. (OTCMKTS:FQVLF) has been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

A number of research analysts have commented on FQVLF shares. Stifel Canada raised First Quantum Minerals to a “hold” rating in a research report on Wednesday, March 19th. Canaccord Genuity Group lowered First Quantum Minerals from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th.

First Quantum Minerals Stock Down 5.6 %

Shares of First Quantum Minerals stock opened at $14.96 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 2.08. First Quantum Minerals has a 52-week low of $9.76 and a 52-week high of $16.23. The company’s 50 day moving average price is $13.36 and its 200-day moving average price is $13.32. The stock has a market capitalization of $12.48 billion, a price-to-earnings ratio of -748.00 and a beta of 1.49.

First Quantum Minerals (OTCMKTS:FQVLF) last released its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). First Quantum Minerals had a net margin of 0.04% and a negative return on equity of 0.15%. Equities research analysts forecast that First Quantum Minerals will post 0.03 EPS for the current year.

About First Quantum Minerals

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.