5N Plus (TSE:VNP) Price Target Raised to C$8.00

5N Plus (TSE:VNP - Free Report) had its price objective increased by National Bankshares from C$6.50 to C$8.00 in a research report sent to investors on Monday morning, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

VNP has been the subject of a number of other research reports. Cormark increased their price target on 5N Plus from C$5.50 to C$7.50 and gave the company a buy rating in a report on Friday, June 7th. Desjardins increased their target price on 5N Plus from C$6.75 to C$7.25 and gave the company a buy rating in a research note on Wednesday, August 7th. Finally, Raymond James lowered shares of 5N Plus from a strong-buy rating to an outperform rating and lifted their price target for the stock from C$7.00 to C$7.50 in a research note on Friday, July 5th.

5N Plus Stock Up 3.2 %

Shares of VNP traded up C$0.21 during midday trading on Monday, reaching C$6.80. 102,160 shares of the company were exchanged, compared to its average volume of 110,631. 5N Plus has a 1-year low of C$2.99 and a 1-year high of C$6.86. The stock has a 50-day moving average price of C$6.00 and a 200-day moving average price of C$5.32. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. The company has a market cap of C$604.66 million, a price-to-earnings ratio of 40.00, a P/E/G ratio of 6,283.33 and a beta of 1.56.

5N Plus (TSE:VNP - Get Free Report) last announced its earnings results on Monday, August 5th. The company reported C$0.08 EPS for the quarter, beating the consensus estimate of C$0.06 by C$0.02. The business had revenue of C$102.04 million for the quarter, compared to the consensus estimate of C$91.45 million. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. Research analysts expect that 5N Plus will post 0.2772643 earnings per share for the current year.

Insider Activity at 5N Plus

In other news, Senior Officer Richard Perron sold 4,200 shares of the business's stock in a transaction that occurred on Tuesday, June 11th. The stock was sold at an average price of C$6.08, for a total value of C$25,536.00. In other news, Senior Officer Richard Perron sold 4,200 shares of the firm's stock in a transaction dated Tuesday, June 11th. The shares were sold at an average price of C$6.08, for a total value of C$25,536.00. Also, Director Luc Bertrand acquired 5,000 shares of the stock in a transaction that occurred on Friday, June 14th. The shares were acquired at an average cost of C$6.01 per share, with a total value of C$30,045.00. 4.91% of the stock is owned by corporate insiders.

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.