5N Plus Inc. (TSE:VNP) Given Average Rating of “Buy” by Analysts

5N Plus Inc. (TSE:VNP) has been given an average recommendation of “Buy” by the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$23.50.

VNP has been the topic of several recent research reports. National Bankshares lifted their target price on shares of 5N Plus from C$17.00 to C$21.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. Ventum Financial boosted their price objective on 5N Plus from C$19.00 to C$21.50 in a research note on Wednesday, October 29th. Cormark raised 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, September 25th. Canaccord Genuity Group set a C$26.00 price target on 5N Plus and gave the stock a “buy” rating in a research report on Thursday. Finally, Raymond James Financial upped their price target on 5N Plus from C$24.00 to C$26.00 in a report on Wednesday, November 5th.

5N Plus Trading Up 6.7%

TSE:VNP traded up C$1.22 on Thursday, hitting C$19.42. 296,000 shares of the stock were exchanged, compared to its average volume of 250,452. The stock has a fifty day moving average of C$19.12 and a 200-day moving average of C$16.02. The stock has a market cap of C$1.73 billion, a PE ratio of 39.63, a PEG ratio of 6,283.33 and a beta of 0.89. The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29. 5N Plus has a fifty-two week low of C$4.90 and a fifty-two week high of C$22.50.

5N Plus (TSE:VNP) last issued its earnings results on Monday, November 3rd. The company reported C$0.20 earnings per share (EPS) for the quarter. The business had revenue of C$146.06 million during the quarter. 5N Plus had a return on equity of 11.86% and a net margin of 5.63%. As a group, equities analysts expect that 5N Plus will post 0.3739703 earnings per share for the current fiscal year.

About 5N Plus

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.