First Quantum Minerals Limited (TSE:FM) – Equities researchers at National Bank Financial issued their Q1 2018 earnings per share (EPS) estimates for shares of First Quantum Minerals in a report issued on Monday. National Bank Financial analyst S. Nagle expects that the company will post earnings per share of $0.20 for the quarter. National Bank Financial has a “Outperform Spec Market Weight” rating on the stock.
FM has been the topic of a number of other research reports. CIBC dropped their price target on First Quantum Minerals from C$15.50 to C$15.00 in a research report on Wednesday, November 1st. Raymond James Financial upped their price target on First Quantum Minerals from C$16.00 to C$18.00 in a research report on Monday, October 23rd. Scotiabank reaffirmed an “outperform” rating and set a C$17.00 price target on shares of First Quantum Minerals in a research report on Monday, October 30th. Barclays upped their price target on First Quantum Minerals from C$12.65 to C$15.10 in a research report on Tuesday, October 24th. Finally, Goldman Sachs Group raised First Quantum Minerals from a “neutral” rating to a “buy” rating in a research report on Monday, December 11th. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of C$20.81.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 8th. Investors of record on Tuesday, April 17th will be issued a dividend of $0.005 per share. This represents a $0.02 dividend on an annualized basis and a yield of 0.10%. First Quantum Minerals’s dividend payout ratio (DPR) is -2.18%.
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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.
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