5N Plus Inc. (TSE:VNP) Receives Consensus Recommendation of “Buy” from Analysts

5N Plus Inc. (TSE:VNP) has been assigned an average rating of “Buy” from the six brokerages that are currently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$8.60.

Several equities research analysts recently issued reports on VNP shares. National Bankshares boosted their price target on 5N Plus from C$8.00 to C$8.50 in a research note on Tuesday, November 5th. Ventum Cap Mkts raised 5N Plus to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Ventum Financial set a C$10.00 price target on shares of 5N Plus and gave the stock a “buy” rating in a research report on Thursday, December 12th.

Insider Activity at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa acquired 9,000 shares of 5N Plus stock in a transaction that occurred on Friday, November 15th. The shares were bought at an average price of C$6.75 per share, with a total value of C$60,750.00. 4.91% of the stock is owned by insiders.

5N Plus Stock Performance

Shares of TSE VNP opened at C$7.74 on Friday. 5N Plus has a one year low of C$3.66 and a one year high of C$8.99. The company has a debt-to-equity ratio of 110.23, a current ratio of 3.47 and a quick ratio of 1.51. The firm has a market cap of C$688.24 million, a price-to-earnings ratio of 48.38, a P/E/G ratio of 6,283.33 and a beta of 1.55. The stock’s fifty day moving average price is C$7.26 and its two-hundred day moving average price is C$6.81.

5N Plus (TSE:VNP) last released its quarterly earnings results on Monday, November 4th. The company reported C$0.12 EPS for the quarter, topping analysts’ consensus estimates of C$0.08 by C$0.04. 5N Plus had a net margin of 4.15% and a return on equity of 8.56%. During the same quarter last year, the business earned $0.03 EPS. On average, equities analysts forecast that 5N Plus will post 0.3739703 EPS for the current year.

About 5N Plus

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.