In a report released today, Ian Rossouw CFA from Barclays maintained a Buy rating on First Quantum Minerals. The company’s shares closed yesterday at $23.15.
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According to TipRanks, Rossouw CFA is a 4-star analyst with an average return of 7.8% and a 55.39% success rate. Rossouw CFA covers the Basic Materials sector, focusing on stocks such as Anglo American, First Quantum Minerals, and Antofagasta.
In addition to Barclays, First Quantum Minerals also received a Buy from RBC Capital’s Sam Crittenden in a report issued on October 8. However, on the same day, Morgan Stanley maintained a Hold rating on First Quantum Minerals (Other OTC: FQVLF).
FQVLF market cap is currently $18.8B and has a P/E ratio of 96.95.
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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