In a report released yesterday, from Citi maintained a Buy rating on First Quantum Minerals, with a price target of C$39.00. The company’s shares closed yesterday at $22.51.
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In addition to Citi, First Quantum Minerals also received a Buy from Jefferies’s Chris LaFemina in a report issued on October 6. However, today, Morgan Stanley maintained a Hold rating on First Quantum Minerals (Other OTC: FQVLF).
The company has a one-year high of $24.01 and a one-year low of $10.18. Currently, First Quantum Minerals has an average volume of 227.3K.
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FQVLF in relation to earlier this year.
Read More on FQVLF:
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