First Quantum Minerals (TSE:FM) had its price target upped by Raymond James Financial from C$20.00 to C$21.00 in a research note published on Tuesday. They currently have an outperform rating on the stock.

A number of other analysts have also issued reports on FM. National Bank Financial boosted their price objective on First Quantum Minerals from C$15.00 to C$17.00 and gave the company a sector perform rating in a research note on Wednesday, October 18th. Industrial Alliance Securities upped their target price on First Quantum Minerals from C$16.95 to C$18.64 and gave the stock a hold rating in a research note on Thursday, October 19th. Barclays upped their target price on First Quantum Minerals from C$12.65 to C$15.10 in a research note on Tuesday, October 24th. Scotiabank restated an outperform rating and issued a C$17.00 target price on shares of First Quantum Minerals in a research note on Monday, October 30th. Finally, CIBC decreased their target price on First Quantum Minerals from C$15.50 to C$15.00 in a research note on Wednesday, November 1st. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of C$20.81.

Shares of First Quantum Minerals (FM) opened at C$20.22 on Tuesday. First Quantum Minerals has a one year low of C$9.69 and a one year high of C$20.31. The stock has a market capitalization of $13,940.00, a price-to-earnings ratio of -57.77 and a beta of 3.02.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 8th. Stockholders of record on Tuesday, April 17th will be issued a $0.005 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.10%. First Quantum Minerals’s payout ratio is currently -2.18%.

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About First Quantum Minerals

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 (TSE:FM)

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