Brokerages Set First Quantum Minerals Limited (FQM) Target Price at $325.42
Shares of First Quantum Minerals Limited (LON:FQM) have earned an average rating of “Hold” from the eight ratings firms that are covering the firm. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 325.42 ($4.03).
Separately, Barclays PLC reissued an “equal weight” rating on shares of First Quantum Minerals Limited in a research note on Thursday.
Shares of First Quantum Minerals Limited (LON:FQM) opened at 449.00 on Thursday. The stock’s 50 day moving average is GBX 457.70 and its 200 day moving average is GBX 303.42. First Quantum Minerals Limited has a 12 month low of GBX 107.00 and a 12 month high of GBX 990.00.
First Quantum Minerals Limited Company Profile
First Quantum Minerals Ltd. is an international mining company. The Company is engaged in mineral exploration, mine engineering and construction, development and mining. It produces copper in concentrate, copper cathode, nickel in concentrate, gold, zinc, platinum-group elements (PGE) and pyrite. Its operations and development projects are located in Zambia, Mauritania, Spain, Turkey, Finland, Australia, Panama, Peru and Argentina.
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