First Quantum Minerals (FQVLF) Projected to Post Earnings on Tuesday

First Quantum Minerals (OTCMKTS:FQVLF) is expected to be posting its results after the market closes on Tuesday, February 10th. Analysts expect First Quantum Minerals to post earnings of $0.05 per share and revenue of $1.3286 billion for the quarter.

First Quantum Minerals Stock Up 0.8%

Shares of FQVLF opened at $28.47 on Tuesday. The business’s fifty day moving average price is $26.57 and its two-hundred day moving average price is $22.02. The firm has a market capitalization of $23.75 billion, a price-to-earnings ratio of 569.41 and a beta of 1.32. First Quantum Minerals has a 52 week low of $10.18 and a 52 week high of $33.30. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.08 and a current ratio of 1.94.

Wall Street Analysts Forecast Growth

FQVLF has been the topic of several recent research reports. Zacks Research cut First Quantum Minerals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Stifel Nicolaus raised shares of First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 21st. Scotiabank reiterated a “sector perform” rating on shares of First Quantum Minerals in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft lowered shares of First Quantum Minerals from a “buy” rating to a “hold” rating in a report on Wednesday, November 26th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of First Quantum Minerals in a report on Wednesday, January 14th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, First Quantum Minerals currently has an average rating of “Moderate Buy”.

About First Quantum Minerals

First Quantum Minerals Ltd. is a Canada-based mining company principally engaged in the exploration, development, production and marketing of copper and other mineral commodities. Headquartered in Vancouver, British Columbia, the company develops and operates large-scale open-pit and underground mines and associated processing facilities. Its activities span the full value chain from exploration and feasibility studies through to mining, milling and the sale of concentrates and refined metals to global customers.

Copper is the company’s primary product, produced alongside by-products such as gold, nickel, zinc and cobalt depending on the orebody.