First Quantum Minerals (TSE:FM) is set to issue its quarterly earnings data before the market opens on Monday, February 12th. Analysts expect the company to announce earnings of C$0.18 per share for the quarter.
Shares of First Quantum Minerals (TSE:FM) opened at C$17.81 on Monday. The company has a market cap of $12,280.00, a PE ratio of -52.38 and a beta of 3.02. First Quantum Minerals has a fifty-two week low of C$9.69 and a fifty-two week high of C$19.75.
FM has been the topic of a number of research analyst reports. Deutsche Bank boosted their price objective on shares of First Quantum Minerals from C$18.00 to C$19.00 in a report on Friday, October 13th. National Bank Financial boosted their price objective on shares of First Quantum Minerals from C$15.00 to C$17.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 18th. Industrial Alliance Securities boosted their price objective on shares of First Quantum Minerals from C$16.95 to C$18.64 and gave the stock a “hold” rating in a report on Thursday, October 19th. Raymond James Financial boosted their price objective on shares of First Quantum Minerals from C$16.00 to C$18.00 in a report on Monday, October 23rd. Finally, Barclays boosted their price objective on shares of First Quantum Minerals from C$12.65 to C$15.10 in a report on Tuesday, October 24th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of C$19.89.
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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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