First Quantum Minerals Ltd. (OTCMKTS:FQVLF – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 5,121,300 shares, a growth of 14.5% from the June 30th total of 4,473,800 shares. Based on an average trading volume of 181,800 shares, the days-to-cover ratio is currently 28.2 days.
First Quantum Minerals Stock Down 3.0 %
Shares of First Quantum Minerals stock opened at $11.59 on Wednesday. The stock has a 50-day moving average price of $12.80 and a 200 day moving average price of $11.48. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.68 and a quick ratio of 1.32. First Quantum Minerals has a 1 year low of $6.92 and a 1 year high of $29.79.
First Quantum Minerals (OTCMKTS:FQVLF – Get Free Report) last posted its quarterly earnings results on Tuesday, July 23rd. The basic materials company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. First Quantum Minerals had a negative return on equity of 0.57% and a negative net margin of 24.07%. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.04 billion. On average, research analysts expect that First Quantum Minerals will post -0.22 EPS for the current year.
Analyst Ratings Changes
View Our Latest Stock Analysis on First Quantum Minerals
First Quantum Minerals Company Profile
First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, silver, gold, and zinc ores, as well as produces acid. The company has operating mines located in Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, as well as a development project in Zambia.
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