First Quantum Minerals Limited (TSE:FM) – Analysts at National Bank Financial lowered their Q2 2017 earnings estimates for shares of First Quantum Minerals Limited in a research report issued to clients and investors on Sunday. National Bank Financial analyst S. Nagle now anticipates that the company will earn $0.05 per share for the quarter, down from their previous forecast of $0.16. National Bank Financial currently has a “Sector Perform” rating and a $15.00 target price on the stock. National Bank Financial also issued estimates for First Quantum Minerals Limited’s FY2017 earnings at $0.31 EPS and FY2018 earnings at $1.60 EPS.

Several other equities analysts have also commented on the stock. Jefferies Group LLC dropped 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. TD Securities dropped 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. CSFB reaffirmed 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. Scotiabank reaffirmed 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, Barclays PLC dropped their price target on shares of First Quantum Minerals Limited from C$14.00 to C$12.65 in a research report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$15.66.

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Shares of First Quantum Minerals Limited (TSE FM) opened at 14.00 on Wednesday. First Quantum Minerals Limited has a one year low of $9.53 and a one year high of $17.55. The firm has a market cap of $9.60 billion and a P/E ratio of 175.00. The stock’s 50 day moving average is $11.51 and its 200-day moving average is $13.55.

About First Quantum Minerals Limited

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.

Earnings History and Estimates for First Quantum Minerals Limited (TSE:FM)

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