A number of other research analysts also recently weighed in on the company. Scotiabank set a C$22.00 price target on First Quantum Minerals and gave the stock an outperform rating in a research note on Monday, January 29th. CIBC upped their price target on First Quantum Minerals from C$15.00 to C$20.00 in a research note on Monday, January 22nd. Deutsche Bank upped their price target on First Quantum Minerals from C$20.00 to C$23.00 in a research note on Monday, January 15th. Jefferies Group cut their price target on First Quantum Minerals from C$27.00 to C$21.00 in a research note on Tuesday, March 27th. Finally, BMO Capital Markets restated an outperform rating and issued a C$24.00 price target on shares of First Quantum Minerals in a research note on Wednesday, March 21st. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. First Quantum Minerals currently has an average rating of Buy and a consensus price target of C$21.70.
First Quantum Minerals opened at C$22.03 on Monday, MarketBeat.com reports. First Quantum Minerals has a fifty-two week low of C$9.69 and a fifty-two week high of C$22.00.
First Quantum Minerals Company Profile
First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, gold, and zinc ores, as well as produces acid. The company operates in seven mines and one copper smelter, including the Ravensthorpe nickel mine in Australia; the Kansanshi copper-gold mine in Zambia; the Sentinel copper operation in North Western Province of Zambia; the Guelb Moghrein copper-gold mine in Mauritania; the Çayeli copper-zinc mine in Turkey; the Las Cruces copper mine in Spain; and the Pyhäsalmi copper-zinc mine in Finland.
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