National Bank upgraded First Quantum Minerals to Outperform from Sector Perform with a C$16.50 price target, stating that its refinancing provides near-term certainty and reduces downside risk.
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Read More on FQVLF:
- First Quantum Minerals Bolsters Finances
- First Quantum Minerals Announces Pricing Of $1,600 Million Senior Secured Second Lien Notes Offering
- First Quantum Minerals price target lowered to C$13 from C$14.50 at Scotiabank
- First Quantum Announces $1,600 Million Senior Secured Second Lien Notes Offering As Part of Comprehensive Refinancing
- First Quantum Minerals Reports Fourth Quarter and Year-End 2023 Results
