Several other brokerages have also issued reports on FQVLF. Goldman Sachs Group Inc. restated a sell rating and issued a $5.75 target price (up from $5.50) on shares of First Quantum Minerals in a research note on Thursday, August 4th. Cormark upgraded First Quantum Minerals from a market perform rating to a buy rating in a research note on Wednesday, August 3rd. Scotiabank restated a focus stock rating and issued a $15.00 target price on shares of First Quantum Minerals in a research note on Thursday, July 28th. Jefferies Group restated a buy rating and issued a $14.00 target price on shares of First Quantum Minerals in a research note on Wednesday, August 24th. Finally, Canaccord Genuity upgraded First Quantum Minerals from a hold rating to a buy rating and boosted their target price for the company from $9.50 to $11.75 in a research note on Tuesday, July 26th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of $10.78.
First Quantum Minerals (OTCMKTS:FQVLF) opened at 8.07 on Thursday. The firm’s market capitalization is $5.53 billion. The firm has a 50-day moving average price of $8.47 and a 200-day moving average price of $7.26. First Quantum Minerals has a one year low of $1.53 and a one year high of $9.66.
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