Wall Street Zen upgraded shares of First Phosphate (NASDAQ:PHOS – Free Report) to a hold rating in a research note published on Saturday,Wall Street Zen reports.
A number of other analysts have also commented on the stock. Weiss Ratings began coverage on shares of First Phosphate in a research note on Wednesday, September 16th. They issued a “sell (e+)” rating for the company. Zacks Research upgraded shares of First Phosphate to a “hold” rating in a research report on Friday, September 18th. Finally, Noble Financial upgraded shares of First Phosphate to a “strong-buy” rating in a report on Thursday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, First Phosphate currently has an average rating of “Hold”.
Read Our Latest Stock Analysis on First Phosphate
First Phosphate Price Performance
About First Phosphate
First Phosphate Corp. is a Canadian mineral development company focused on building an integrated supply chain for lithium iron phosphate (LFP) batteries. The company’s activities include the exploration and development of phosphate mineral properties, the production of purified phosphoric acid and phosphoric salts, and the eventual manufacture of LFP cathode active material for use in lithium-ion batteries.
First Phosphate’s mineral projects are located in Quebec’s Saguenay–Lac-Saint-Jean region, an area with established hydroelectric power, transportation infrastructure and industrial resources.
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