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First Quantum Minerals Ltd T.FM

Alternate Symbol(s):  FQVLF

Metals & Mining Copper
First Quantum Minerals Ltd. is a Canada-based global copper company. The Company produces copper in the form of concentrate, cathode and anode and has inventories of nickel, gold and cobalt. It is engaged in the production of copper, nickel, gold and silver, and related activities including exploration and development. The Company's operating mines include Cobre Panama, Kansanshi, Sentinel, Cobre Las Cruces, Cayeli, Guelb Moghrein, Ravensthorpe and Pyhasalmi. Its development projects include Enterprise, Haquira, Taca Taca and La Granja. Its operating segments include Cobre Panama, Kansanshi, Trident and Ravensthorpe. The Cobre Panama project comprises a series of copper porphyry deposits with main deposits, such as Balboa, Botija, Colina and Valle Grande. The Trident segment includes the Sentinel copper mine and the Enterprise Nickel development project. Its Ravensthorpe Nickel Operation is an open pit mine and primary processing plant located in the southwest of Western Australia.


TSX:FM - Post by User

First Quantum Minerals Ltd
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Post by cetaitpasprevuon Feb 09, 2016 8:35am
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Post# 24538774

FM Receives Sell Rating From Goldman Sachs Analysts

FM Receives Sell Rating From Goldman Sachs AnalystsFirst Quantum Minerals Limited (LON:FQM) was downgraded by research analysts at Goldman Sachs to a “sell” rating in a research note issued on Tuesday, Analyst Ratings Net reports. They currently have a GBX 130 ($1.87) target price on the stock, down from their previous target price of GBX 250 ($3.60). Goldman Sachs’ price objective suggests a potential downside of 33.33% from the stock’s previous close.
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