Analysts Set First Quantum Minerals Ltd. (OTCMKTS:FQVLF) PT at $16.00

First Quantum Minerals Ltd. ( OTCMKTS:FQVLF – Get Free Report ) has been given a consensus rating of “Moderate Buy” by the seven ratings firms that are currently covering the firm, Marketbeat.com reports.

Three investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $16.00.



Separately, Barclays upgraded First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 12th. Check Out Our Latest Stock Report on First Quantum Minerals First Quantum Minerals Price Performance First Quantum Minerals ( OTCMKTS:FQVLF – Get Free Report ) last issued its earnings results on Tuesday, October 22nd. The basic materials company reported $0.

14 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.12.

The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.09 billion.

First Quantum Minerals had a negative net margin of 32.41% and a negative return on equity of 2.69%.

Research analysts expect that First Quantum Minerals will post -0.13 EPS for the current fiscal year. First Quantum Minerals Company Profile ( Get Free Report 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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