First Quantum Minerals Limited Plans Dividend of C$0.05 (FM)
First Quantum Minerals Limited (TSE:FM) announced a dividend on Tuesday, August 26th, Analyst Ratings News reports. Stockholders of record on Friday, September 19th will be paid a dividend of 0.0504 per share on Friday, September 19th. This represents a dividend yield of 0.19%. The ex-dividend date is Tuesday, August 26th.
Several analysts have recently commented on the stock. Analysts at Haywood Securities downgraded shares of First Quantum Minerals Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, August 5th. On a related note, analysts at GMP Securities downgraded shares of First Quantum Minerals Limited from a “buy” rating to a “hold” rating in a research note on Friday, August 1st. Finally, analysts at Paradigm Capital raised their price target on shares of First Quantum Minerals Limited from C$31.00 to C$33.00 in a research note on Friday, August 1st. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. First Quantum Minerals Limited presently has an average rating of “Hold” and an average target price of C$26.56.
Shares of First Quantum Minerals Limited (TSE:FM) opened at 25.05 on Tuesday. First Quantum Minerals Limited has a 52-week low of $16.47 and a 52-week high of $27.29. The stock has a 50-day moving average of $25.30 and a 200-day moving average of $22.30. The company has a market cap of $14.708 billion and a P/E ratio of 25.26.
First Quantum Minerals Limited (TSE:FM) last released its earnings data on Friday, August 1st. The company reported $0.29 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.27 by $0.02. On average, analysts predict that First Quantum Minerals Limited will post $1.01 earnings per share for the current fiscal year.
First Quantum Minerals Ltd. (TSE:FM) is a mineral exploration, development and mining company.
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