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

Shares of 5N Plus Inc. (TSE:VNP) have earned a consensus rating of “Buy” from the six analysts that are covering the company, MarketBeat.com reports. Five 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 brokerages that have covered the stock in the last year is C$8.60.

Several research firms have recently weighed in on VNP. Desjardins upped their price objective on 5N Plus from C$7.25 to C$8.50 and gave the stock a “buy” rating in a research report on Tuesday, September 10th. Raymond James raised their price target on shares of 5N Plus from C$7.50 to C$8.50 in a research note on Friday, September 6th. Ventum Financial set a C$10.00 price objective on shares of 5N Plus and gave the stock a “buy” rating in a research report on Thursday. Ventum Cap Mkts raised shares of 5N Plus to a “strong-buy” rating in a research report on Wednesday. Finally, National Bankshares boosted their price target on shares of 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday, November 5th.

Insider Activity at 5N Plus

In other news, Director Jean-Marie Bourassa purchased 9,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average cost of C$6.75 per share, with a total value of C$60,750.00. 4.91% of the stock is owned by company insiders.

5N Plus Stock Up 2.3 %

5N Plus stock opened at C$6.55 on Friday. The stock has a market capitalization of C$582.43 million, a PE ratio of 40.94, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55. 5N Plus has a twelve month low of C$3.32 and a twelve month high of C$7.61. The company has a 50 day moving average of C$6.72 and a 200-day moving average of C$6.41. The company has a quick ratio of 1.51, a current ratio of 3.47 and a debt-to-equity ratio of 110.23.

5N Plus Company Profile

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.