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Goldman Sachs upgraded First Quantum Minerals (OTC:FQVLF) from Sell to Neutral in a report released today.

Yesterday First Quantum Minerals (OTC:FQVLF) traded 4.88% higher at $11.09. The company’s 50-day moving average is $9.61 and its 200-day moving average is $8.24. The last closing price is up 38.31% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 26,243 shares of the stock traded hands, up from an average trading volume of 16,741

Goldman Sachs has upgraded First Quantum Minerals (OTC:FQVLF) from Sell to Neutral in a report released on Wednesday November 30, 2016.

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First Quantum Minerals (OTC:FQVLF)

First Quantum Minerals has a price-earnings ratio of 165.22 with a one year low of $1.53 and a one year high of $12.25 FQVLF’s total market value is presently $0.

More About First Quantum Minerals (OTC:FQVLF)

First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties. The company primarily explores for copper, nickel, gold, zinc, and platinum-group elements, as well as acid. It is operating mines located in Zambia, Australia, Finland, Turkey, Spain, and Mauritania; and developing the Trident project in Zambia, the Cobre Panama copper project in Panama, and the Taca Taca copper-gold-molybdenum deposit in Argentina, as well as exploring the Haquira copper deposit in Peru. The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996. First Quantum Minerals Ltd. was founded in 1983 and is based in Vancouver, Canada.

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