<div id="readability-page-1"><p><span>First Quantum Minerals (TSE:FM - Get Free Report)</span> had its target price lifted by stock analysts at Morgan Stanley  from C$30.20 to C$33.50 in a report released on Tuesday,BayStreet.CA reports. Morgan Stanley's price target suggests a potential downside of 0.45% from the company's previous close.</p><div><p><span></span><span>Get <strong>First Quantum Minerals</strong> alerts:</span></p></div><p>A number of other brokerages have also recently issued reports on FM. CIBC lifted their price objective on shares of First Quantum Minerals from C$26.00 to C$36.00 in a report on Friday, October 10th. Stifel Nicolaus raised shares of First Quantum Minerals from a &#34;hold&#34; rating to a &#34;buy&#34; rating and raised their price target for the company from C$26.00 to C$38.00 in a research report on Tuesday, October 21st. Desjardins lifted their price target on First Quantum Minerals from C$25.00 to C$26.00 and gave the company a &#34;hold&#34; rating in a research note on Wednesday, August 20th. JPMorgan Chase &amp; Co. upgraded First Quantum Minerals from a &#34;neutral&#34; rating to an &#34;overweight&#34; rating and raised their target price for the company from C$20.00 to C$42.00 in a report on Friday, October 10th. Finally, Jefferies Financial Group upped their price target on First Quantum Minerals from C$33.00 to C$38.00 in a report on Monday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have assigned  a Buy rating and five have assigned  a Hold rating to the company's stock. According to data from MarketBeat, First Quantum Minerals presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of C$34.57.</p><p><b>View Our Latest Stock Analysis on FM</b></p><h2>First Quantum Minerals Stock Down 0.7%</h2><p>Shares of TSE FM traded down C$0.23 during midday trading on Tuesday, hitting C$33.65. 1,193,832 shares of the stock traded hands, compared to its average volume of 2,361,326. The company has a debt-to-equity ratio of 56.41, a quick ratio of 1.41 and a current ratio of 1.80. First Quantum Minerals has a one year low of C$14.41 and a one year high of C$34.84. The business has a 50 day moving average price of C$30.79 and a two-hundred day moving average price of C$26.56. The company has a market cap of C$28.07 billion, a PE ratio of 560.83, a P/E/G ratio of -1.28 and a beta of 1.43. </p><p>First Quantum Minerals (TSE:FM - Get Free Report) last issued its earnings results on Tuesday, October 28th. The company reported C($0.02) earnings per share (EPS) for the quarter. The firm had revenue of C$1.87 billion during the quarter. First Quantum Minerals had a negative return on equity of 14.05% and a negative net margin of 32.41%. On average, equities analysts predict that  First Quantum Minerals will post 0.55872 EPS for the current year. </p><h2>Insider Buying and Selling</h2><p>In other First Quantum Minerals news, Director Charles Kevin Mcarthur bought 10,000 shares of the company's stock in a transaction dated Friday, October 31st. The shares were purchased at an average price of C$29.06 per share, for a total transaction of C$290,600.00. Following the acquisition, the director owned 35,000 shares in the company, valued at approximately C$1,017,100. This represents a 40.00% increase in their position. Insiders acquired a total of 10,474 shares of company stock worth $304,575 over the last ninety days. Company insiders own  19.35% of the company's stock. </p><h2>First Quantum Minerals Company Profile</h2> (Get Free Report)<p>First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than First Quantum Minerals</li><li>What is Forex and How Does it Work? </li><li>AI Runs on Power—And Constellation Energy Controls the Switch</li><li>Why Invest in 5G? How to Invest in 5G Stocks  </li><li>3 Insider Moves You Shouldn’t Ignore Heading Into 2026</li><li>What is a Special Dividend?</li><li>3 AI Names With Big Buybacks: GEV, PSTG, and LSCC Signal Confidence</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PVRTRSZTeW1ib2w9Rk0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PVRTRSZTeW1ib2w9Rk0"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in First Quantum Minerals Right Now?</h2><p>Before you consider First Quantum Minerals, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Quantum Minerals wasn't on the list.</p><p>While First Quantum Minerals currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Morgan Stanley raised its price target for First Quantum Minerals from C$30.20 to C$33.50, indicating a potential downside of 0.45% from the previous close. Other analysts have also adjusted their targets, with CIBC, Stifel Nicolaus, and JPMorgan Chase & Co. increasing their price objectives. The stock has a consensus rating of 'Moderate Buy' and a consensus price target of C$34.57. First Quantum Minerals' stock traded down 0.7% to C$33.65, with a market cap of C$28.07 billion.</p>

First Quantum Minerals (TSE:FM) Price Target Raised to C$33.50 at Morgan Stanley