Articles Tagged "First Quantum Minerals"

Morgan Stanley Copper Price Outlook

Copper – The copper price has started to bounce back from its drastic fall at the start of the year, climbing more than 6 percent over the past month. However, Morgan Stanley has cut its 2015 price forecast for the metal by roughly 16 percent, to $5,945 per tonne, on the back of lackluster demand from China.

CIBC Analyst Gives First Quantum C$28 Target Price

Copper – In a research note put out out on Monday, Tom Meyer, base metals & minerals analyst at CIBC World Markets, gave First Quantum Minerals (TSX:FM) a "sector outperformer rating" and a 12 to 18 month target price of C$28 per share. Meyer cited better than expected operating costs and the fact that development projects are staying on schedule as positive news for the company.

Copper Rallies on Surprise US Federal Reserve QE Decision

Copper – Copper climbed to a four-week high Thursday following the US Federal Reserve’s surprise decision not to taper its economic stimulus program.