First Quantum Minerals (FQVLF) to Release Quarterly Earnings on Tuesday

First Quantum Minerals (OTCMKTS:FQVLF) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $1.20 billion for the quarter.

First Quantum Minerals Trading Down 4.3 %

Shares of First Quantum Minerals stock opened at $12.13 on Tuesday. The company has a market capitalization of $10.12 billion, a P/E ratio of -5.44, a price-to-earnings-growth ratio of 49.30 and a beta of 1.50. The company has a current ratio of 1.80, a quick ratio of 0.93 and a debt-to-equity ratio of 0.48. The stock has a fifty day simple moving average of $13.36 and a 200 day simple moving average of $12.87. First Quantum Minerals has a 12-month low of $8.22 and a 12-month high of $15.23.

Wall Street Analysts Forecast Growth

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