Shares of First Quantum Minerals Limited (TSE:FM) have earned a consensus rating of “Buy” from the seventeen analysts that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$18.89.

Several equities research analysts have recently weighed in on FM shares. Deutsche Bank increased their price objective on First Quantum Minerals from C$19.00 to C$20.00 in a report on Friday, December 1st. Barclays decreased their price objective on First Quantum Minerals from C$15.10 to C$14.00 in a report on Thursday, November 16th. CIBC decreased their price objective on First Quantum Minerals from C$15.50 to C$15.00 in a report on Wednesday, November 1st. Raymond James Financial increased their price objective on First Quantum Minerals from C$16.00 to C$18.00 in a report on Monday, October 23rd. Finally, BMO Capital Markets increased their price objective on First Quantum Minerals from C$22.00 to C$23.00 in a report on Monday, December 18th.

First Quantum Minerals (FM) opened at C$19.22 on Friday. The company has a market cap of $13,250.00, a P/E ratio of -56.53 and a beta of 2.94. First Quantum Minerals has a one year low of C$9.69 and a one year high of C$19.71.

First Quantum Minerals (TSE:FM) last announced its quarterly earnings results on Thursday, October 26th. The company reported C($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.02) by C($0.08). First Quantum Minerals had a negative net margin of 4.22% and a negative return on equity of 2.30%.

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First Quantum Minerals Company Profile

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.

Analyst Recommendations for First Quantum Minerals (TSE:FM)

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