First Quantum Minerals Limited (FM) Rating Reiterated by Eight Capital

First Quantum Minerals Limited (TSE:FM)‘s stock had its “buy” rating restated by Eight Capital in a research report issued to clients and investors on Thursday.

A number of other brokerages have also issued reports on FM. National Bank Financial dropped their target price on First Quantum Minerals Limited from C$15.25 to C$15.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 9th. Scotiabank set a C$16.00 target price on First Quantum Minerals Limited and gave the stock an “outperform” rating in a research report on Friday, July 28th. Royal Bank Of Canada dropped their target price on First Quantum Minerals Limited from C$16.00 to C$15.00 and set a “sector perform” rating on the stock in a research report on Monday, July 31st. TD Securities dropped their target price on First Quantum Minerals Limited from C$19.50 to C$19.00 and set a “buy” rating on the stock in a research report on Monday, July 31st. Finally, Barclays PLC dropped their target price on First Quantum Minerals Limited from C$14.20 to C$14.00 in a research report on Friday, April 21st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of C$15.88.

First Quantum Minerals Limited (TSE FM) opened at 12.89 on Thursday. The firm’s market capitalization is $8.84 billion. The stock’s 50 day moving average price is $12.87 and its 200 day moving average price is $13.16. First Quantum Minerals Limited has a 52-week low of $9.63 and a 52-week high of $17.55.

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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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