First Quantum Minerals Ltd. (TSE:FM - Get Free Report) Director Alison Cheryl Beckett bought 1,388 shares of the stock in a transaction that occurred on Monday, March 31st. The stock was bought at an average price of C$19.25 per share, with a total value of C$26,719.00.
First Quantum Minerals Stock Down 9.0 %
FM stock opened at C$18.10 on Friday. The firm's fifty day moving average is C$19.26 and its 200 day moving average is C$18.73. The company has a debt-to-equity ratio of 56.41, a quick ratio of 1.41 and a current ratio of 1.80. First Quantum Minerals Ltd. has a one year low of C$13.81 and a one year high of C$23.28. The firm has a market cap of C$10.27 billion, a PE ratio of -6.69, a P/E/G ratio of -1.28 and a beta of 1.73.
First Quantum Minerals (TSE:FM - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The company reported C$0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.03 by C$0.01. First Quantum Minerals had a negative return on equity of 14.05% and a negative net margin of 32.41%. During the same quarter in the prior year, the company earned ($0.37) EPS. On average, research analysts forecast that First Quantum Minerals Ltd. will post 0.55872 EPS for the current year.
Analysts Set New Price Targets
A number of research analysts have issued reports on FM shares. Barclays decreased their price target on shares of First Quantum Minerals from C$25.00 to C$23.40 in a report on Thursday, January 30th. JPMorgan Chase & Co. lowered their price target on First Quantum Minerals from C$18.00 to C$17.00 in a research report on Thursday, January 30th. Jefferies Financial Group dropped their price target on First Quantum Minerals from C$23.00 to C$22.00 in a research note on Monday, January 6th. Stifel Canada upgraded First Quantum Minerals to a "hold" rating in a research note on Wednesday, March 19th. Finally, Scotiabank decreased their target price on First Quantum Minerals from C$22.00 to C$21.50 and set a "sector perform" rating for the company in a report on Thursday, January 16th. Ten analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, First Quantum Minerals presently has a consensus rating of "Hold" and an average price target of C$21.57.
Read Our Latest Research Report on First Quantum Minerals
About First Quantum Minerals
(
Get Free Report)
First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, silver, gold, and zinc ores, as well as produces acid. The company has operating mines located in Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, as well as a development project in Zambia.
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