1ST QUANTUM MINLS COM NPV’s (FQVLF) Focus Stock Rating Reiterated at Scotiabank

1ST QUANTUM MINLS COM NPV (OTCMKTS:FQVLF)‘s stock had its “focus stock” rating reiterated by equities research analysts at Scotiabank in a research note issued to investors on Thursday. They presently have a $15.00 target price on the stock. Scotiabank’s price target suggests a potential upside of 75.23% from the company’s current price.

Several other analysts also recently weighed in on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $13.00 target price (up previously from $10.00) on shares of 1ST QUANTUM MINLS COM NPV in a report on Sunday, May 1st. Credit Suisse Group AG upgraded shares of 1ST QUANTUM MINLS COM NPV from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $10.00 to $13.00 in a research note on Thursday. TD Securities upgraded shares of 1ST QUANTUM MINLS COM NPV from a “hold” rating to a “buy” rating and boosted their price target for the stock from $11.00 to $13.50 in a research note on Friday, July 22nd. Canaccord Genuity upgraded shares of 1ST QUANTUM MINLS COM NPV from a “hold” rating to a “buy” rating and boosted their price target for the stock from $9.50 to $11.75 in a research note on Tuesday. Finally, Zacks Investment Research downgraded shares of 1ST QUANTUM MINLS COM NPV from a “buy” rating to a “hold” rating in a research note on Wednesday, May 11th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $11.05.

Shares of 1ST QUANTUM MINLS COM NPV (OTCMKTS:FQVLF) traded up 9.32% during mid-day trading on Thursday, hitting $8.56. The stock had a trading volume of 9,409 shares. 1ST QUANTUM MINLS COM NPV has a 12 month low of $1.53 and a 12 month high of $9.17. The firm’s market cap is $5.87 billion. The stock’s 50-day moving average is $7.33 and its 200 day moving average is $5.58.