Goldman Sachs upgraded First Quantum Minerals (OTCMKTS:FQVLF) from Sell to Neutral in a statement released earlier today.
- Updated: November 30, 2016
Goldman Sachs has upgraded First Quantum Minerals (OTCMKTS:FQVLF) from Sell to Neutral in a statement released on 11/30/2016.
Boasting a price of $10.87, First Quantum Minerals (OTCMKTS:FQVLF) traded 4.88% higher on the day. With the last stock price close up 38.31% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. First Quantum Minerals has recorded a 50-day average of $9.61 and a two hundred day average of $8.24. Volume of trade was up over the average, with 26,243 shares of FQVLF changing hands over the typical 16,741
With a total market value of $0, First Quantum Minerals has price-earnings ratio of 165.22 with a 52 week low of $1.53 and a 52 week high of $12.25 .
About First Quantum Minerals (OTCMKTS: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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