5N Plus (TSE:VNP) Hits New 1-Year High at $6.13

Shares of 5N Plus Inc. (TSE:VNPGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as C$6.13 and last traded at C$6.09, with a volume of 32901 shares trading hands. The stock had previously closed at C$5.97.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on VNP shares. National Bankshares increased their price objective on shares of 5N Plus from C$0.60 to C$0.65 and gave the company an “outperform” rating in a research report on Tuesday, May 7th. Cormark upped their price objective on 5N Plus from C$5.75 to C$6.50 in a research note on Wednesday, May 8th. Finally, Raymond James raised their price target on 5N Plus from C$6.00 to C$7.00 in a report on Wednesday, May 8th.

Read Our Latest Stock Analysis on 5N Plus

5N Plus Stock Up 2.7 %

The company has a quick ratio of 1.51, a current ratio of 3.21 and a debt-to-equity ratio of 114.88. The company has a market capitalization of C$544.28 million, a PE ratio of 23.88, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.65. The business’s 50 day simple moving average is C$4.93 and its 200 day simple moving average is C$4.20.

5N Plus (TSE:VNPGet Free Report) last posted its quarterly earnings results 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 13.41% and a net margin of 6.53%. The firm had revenue of C$88.59 million for the quarter, compared to analysts’ expectations of C$84.15 million. As a group, analysts forecast that 5N Plus Inc. will post 0.2531586 EPS for the current year.

Insiders Place Their Bets

In other news, Director Jean-Marie Bourassa acquired 5,800 shares of 5N Plus stock in a transaction dated Wednesday, May 15th. The stock was bought at an average cost of C$5.18 per share, with a total value of C$30,044.00. In the last three months, insiders bought 74,900 shares of company stock valued at $342,076. 4.79% of the stock is currently owned by insiders.

5N Plus Company Profile

(Get Free Report)

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.

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