National Bank Financial Raises First Quantum Minerals Limited (FM) Price Target to C$15.25

First Quantum Minerals Limited (TSE:FM) had its target price upped by National Bank Financial from C$15.00 to C$15.25 in a research report sent to investors on Monday, July 31st. The brokerage currently has a sector perform rating on the stock.

Several other analysts have also commented on FM. CSFB reaffirmed an outperform rating and set a C$18.00 price target on shares of First Quantum Minerals Limited in a research report on Monday, April 17th. Barclays PLC reduced their price target on shares of First Quantum Minerals Limited from C$14.20 to C$14.00 in a research report on Friday, April 21st. Royal Bank Of Canada reaffirmed a sector perform rating and set a C$19.00 price target on shares of First Quantum Minerals Limited in a research report on Monday, April 24th. Scotiabank reaffirmed an outperform rating and set a C$18.00 price target on shares of First Quantum Minerals Limited in a research report on Friday, April 28th. Finally, TD Securities reduced their price target on shares of First Quantum Minerals Limited from C$21.00 to C$20.00 and set a buy rating on the stock in a research report on Friday, April 28th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of C$15.88.

First Quantum Minerals Limited (FM) opened at 12.89 on Monday. First Quantum Minerals Limited has a 1-year low of $9.63 and a 1-year high of $17.55. The stock’s 50 day moving average price is $12.87 and its 200-day moving average price is $13.16. The company’s market cap is $8.84 billion.

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The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Monday, August 28th will be paid a $0.005 dividend. The ex-dividend date of this dividend is Thursday, August 24th. This represents a $0.02 annualized dividend and a dividend yield of 0.16%.

First Quantum Minerals Limited 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 Limited (TSE:FM)

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