First Quantum Minerals Limited on Focus After Crashing In Today’s Session

 First Quantum Minerals Limited on Focus After Crashing In Today's Session

The stock of First Quantum Minerals Limited (TSE:FM) is a huge mover today! About 2.78M shares traded hands. First Quantum Minerals Limited (TSE:FM) has risen 170.22% since April 7, 2016 and is uptrending. It has outperformed by 164.07% the S&P500.
The move comes after 9 months negative chart setup for the $10.28B company. It was reported on Nov, 11 by Barchart.com. We have $13.59 PT which if reached, will make TSE:FM worth $514.00 million less.

First Quantum Minerals Limited (TSE:FM) Ratings Coverage

Out of 14 analysts covering First Quantum Minerals (TSE:FM), 6 rate it a “Buy”, 4 “Sell”, while 4 “Hold”. This means 43% are positive. $20 is the highest target while $3.50 is the lowest. The $11.93 average target is -16.63% below today’s ($14.31) stock price. First Quantum Minerals has been the topic of 64 analyst reports since July 21, 2015 according to StockzIntelligence Inc. BNP Paribas maintained it with “” rating and $8.60 target price in Friday, July 29 report. The stock of First Quantum Minerals Limited (TSE:FM) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, October 6. Scotia Capital upgraded First Quantum Minerals Limited (TSE:FM) rating on Friday, December 18. Scotia Capital has “Outperform” rating and $11 price target. The stock of First Quantum Minerals Limited (TSE:FM) earned “Neutral” rating by Dundee Securities on Friday, October 14. The firm has “Overweight” rating given on Wednesday, October 7 by Barclays Capital. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, July 30. The firm has “Neutral” rating given on Friday, July 24 by Goldman Sachs. As per Tuesday, August 4, the company rating was maintained by Barclays Capital. Scotia Capital maintained the stock with “Focus Stock” rating in Friday, July 29 report. The stock of First Quantum Minerals Limited (TSE:FM) earned “Neutral” rating by JP Morgan on Wednesday, October 7.

More notable recent First Quantum Minerals Limited (TSE:FM) news were published by: Business.Financialpost.com which released: “First Quantum Minerals Ltd issues ‘going concern’ warning amid high debt, weak …” on February 19, 2016, also Business.Financialpost.com with their article: “First Quantum Minerals Ltd upgraded to buy as liquidity improves” published on July 20, 2016, Business.Financialpost.com published: “Teck Resources Ltd and First Quantum Minerals Ltd upgraded at Canaccord” on July 25, 2016. More interesting news about First Quantum Minerals Limited (TSE:FM) were released by: Moodys.com and their article: “Moody’s downgrades FQM’s CFR to Caa1, senior unsecured notes to Caa2; negative …” published on January 08, 2016 as well as Business.Financialpost.com‘s news article titled: “First Quantum Minerals Ltd sells Kevitsa mine in Finland for US$712 million to …” with publication date: March 10, 2016.

First Quantum Minerals Ltd. is an international mining company. The company has a market cap of $10.28 billion. The Firm is engaged in mineral exploration, mine engineering and construction, development and mining. It has a 22.53 P/E ratio. It produces copper in concentrate, copper cathode, nickel in concentrate, gold, zinc, platinum-group elements and pyrite.

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