First Quantum Minerals Limited (TSE:FM) – Research analysts at National Bank Financial issued their Q1 2018 earnings per share (EPS) estimates for shares of First Quantum Minerals in a report released on Monday. National Bank Financial analyst S. Nagle forecasts that the company will earn $0.20 per share for the quarter. National Bank Financial currently has a “Outperform Spec Market Weight” rating on the stock.

A number of other analysts also recently weighed in on FM. Berenberg Bank increased their price target on shares of First Quantum Minerals from C$14.25 to C$19.00 in a research report on Thursday, February 8th. BMO Capital Markets set a C$24.00 price target on shares of First Quantum Minerals and gave the company an “outperform” rating in a research report on Tuesday. Scotiabank cut their price target on shares of First Quantum Minerals from C$22.00 to C$21.00 and set an “outperform” rating on the stock in a research report on Tuesday. Raymond James Financial increased their target price on First Quantum Minerals from C$20.00 to C$21.00 and gave the stock an “outperform” rating in a research note on Tuesday. Finally, Eight Capital increased their target price on First Quantum Minerals from C$25.00 to C$26.00 in a research note on Tuesday. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. First Quantum Minerals has a consensus rating of “Buy” and an average target price of C$20.81.

Shares of First Quantum Minerals (TSE:FM) opened at C$20.22 on Wednesday. The firm has a market cap of $13,940.00, a P/E ratio of -57.77 and a beta of 3.02. First Quantum Minerals has a 52-week low of C$9.69 and a 52-week high of C$20.31.

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

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First Quantum Minerals 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.

Earnings History and Estimates for First Quantum Minerals (TSE:FM)

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