5N Plus (OTCMKTS:FPLSF) Shares Gap Up – Time to Buy?

5N Plus Inc. (OTCMKTS:FPLSF)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $27.07, but opened at $29.9403. 5N Plus shares last traded at $29.9298, with a volume of 2,645 shares.

Wall Street Analysts Forecast Growth

Separately, Scotiabank initiated coverage on shares of 5N Plus in a research report on Monday, June 22nd. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

5N Plus Trading Up 4.3%

The company has a 50 day moving average of $28.36 and a two-hundred day moving average of $22.06. The stock has a market capitalization of $2.72 billion, a PE ratio of 46.46 and a beta of 1.84. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.30 and a current ratio of 2.69.

5N Plus (OTCMKTS:FPLSF) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. 5N Plus had a return on equity of 28.72% and a net margin of 13.99%.The company had revenue of $117.89 million during the quarter, compared to analysts’ expectations of $104.04 million.

About 5N Plus

5N Plus Inc is a Canadian specialty chemicals and materials company that develops, manufactures and commercializes high‐purity metals and compounds for advanced technology markets. The company’s product portfolio spans a range of elemental metals—including bismuth, antimony, tellurium, selenium, indium and germanium—along with organometallic precursors, catalysts and radioisotopes. These materials are engineered to meet stringent purity standards (commonly known as “five‐nines” or 99.999% purity) for critical applications in electronics, photovoltaics, catalysts and life sciences.

Founded in 2000 and headquartered in Boucherville, Quebec, 5N Plus has grown from its roots in high‐purity research to a global manufacturing and distribution platform.