Several other research analysts have also recently weighed in on the company. CIBC cut their price objective on First Quantum Minerals from C$15.50 to C$15.00 in a research report on Wednesday, November 1st. Scotiabank reissued an outperform rating and issued a C$17.00 price objective on shares of First Quantum Minerals in a research report on Monday, October 30th. National Bank Financial cut their price objective on First Quantum Minerals from C$17.00 to C$16.50 and set a sector perform rating on the stock in a research report on Friday, October 27th. Raymond James Financial, Inc. boosted their price objective on First Quantum Minerals from C$16.00 to C$18.00 in a research report on Monday, October 23rd. Finally, Industrial Alliance Securities boosted their price objective on First Quantum Minerals from C$16.95 to C$18.64 and gave the stock a hold rating in a research report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. First Quantum Minerals presently has a consensus rating of Hold and a consensus target price of C$17.19.
First Quantum Minerals (TSE FM) opened at C$14.87 on Thursday. First Quantum Minerals has a 1 year low of C$9.69 and a 1 year high of C$17.55.
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.
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