First Quantum Minerals Limited (FM) to Post Q1 2018 Earnings of $0.20 Per Share, National Bank Financial Forecasts
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.
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%.
COPYRIGHT VIOLATION WARNING: “First Quantum Minerals Limited (FM) to Post Q1 2018 Earnings of $0.20 Per Share, National Bank Financial Forecasts” was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://theolympiareport.com/2018/02/14/first-quantum-minerals-limited-fm-to-post-q1-2018-earnings-of-0-20-per-share-national-bank-financial-forecasts.html.
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.
Receive News & Ratings for First Quantum Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Quantum Minerals and related companies with MarketBeat.com's FREE daily email newsletter.