5N Plus Inc. (TSE:VNP) Receives C$8.60 Average Price Target from Analysts

Shares of 5N Plus Inc. (TSE:VNP) have been given a consensus rating of “Buy” by the six analysts that are covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$8.60.

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

5N Plus Price Performance

Shares of TSE VNP opened at C$7.65 on Tuesday. The company has a fifty day moving average price of C$6.86 and a 200 day moving average price of C$6.62. The firm has a market cap of C$680.24 million, a PE ratio of 47.81, a PEG ratio of 6,283.33 and a beta of 1.55. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. 5N Plus has a 1-year low of C$3.33 and a 1-year high of C$8.08.

Insiders Place Their Bets

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

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.