National Bankshares Raises 5N Plus (TSE:VNP) Price Target to C$0.65

5N Plus (TSE:VNP) had its target price boosted by National Bankshares from C$0.60 to C$0.65 in a research report report published on Tuesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, Raymond James raised their price objective on 5N Plus from C$5.00 to C$6.00 and gave the company a strong-buy rating in a report on Monday, February 26th.

5N Plus Stock Performance

TSE VNP opened at C$5.11 on Tuesday. The business’s 50 day moving average price is C$4.74 and its 200-day moving average price is C$4.03. The company has a market cap of C$453.72 million, a P/E ratio of 22.22, a P/E/G ratio of 6,283.33 and a beta of 1.64. The company has a debt-to-equity ratio of 107.81, a quick ratio of 1.51 and a current ratio of 2.22. 5N Plus has a fifty-two week low of C$2.86 and a fifty-two week high of C$5.25.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Tuesday, February 27th. The company reported C$0.04 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). 5N Plus had a return on equity of 12.76% and a net margin of 6.35%. The company had revenue of C$88.59 million for the quarter, compared to analysts’ expectations of C$84.15 million. Sell-side analysts predict that 5N Plus will post 0.2835821 earnings per share for the current year.

Insider Activity

In other 5N Plus news, Director Jean-Marie Bourassa acquired 60,100 shares of the stock in a transaction dated Friday, March 1st. The stock was acquired at an average cost of C$4.52 per share, with a total value of C$271,561.85. Over the last ninety days, insiders bought 69,100 shares of company stock valued at $312,032. 4.79% of the stock is currently owned by corporate insiders.

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.