First Quantum Minerals (FQVLF) Projected to Post Earnings on Tuesday

First Quantum Minerals (OTCMKTS:FQVLF) is projected to announce its earnings results after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $1.19 billion for the quarter.

First Quantum Minerals Stock Up 2.3 %

FQVLF stock opened at $13.84 on Monday. The company has a 50 day moving average price of $13.33 and a two-hundred day moving average price of $12.91. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.93 and a current ratio of 1.80. The stock has a market capitalization of $11.55 billion, a P/E ratio of -6.21, a PEG ratio of 52.65 and a beta of 1.47. First Quantum Minerals has a one year low of $8.22 and a one year high of $15.23.

Analyst Ratings Changes

A number of brokerages have issued reports on FQVLF. Barclays raised First Quantum Minerals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 12th. Canaccord Genuity Group downgraded shares of First Quantum Minerals from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.00.

First Quantum Minerals Company Profile

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.