5N Plus (TSE:VNP) Given New C$8.50 Price Target at Raymond James

5N Plus (TSE:VNP - Free Report) had its price objective boosted by Raymond James from C$7.50 to C$8.50 in a report issued on Friday morning, BayStreet.CA reports.

A number of other research analysts also recently issued reports on VNP. Desjardins boosted their price objective 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. National Bankshares lifted their target price on 5N Plus from C$6.50 to C$8.00 and gave the stock an outperform rating in a report on Monday, August 26th. Finally, 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 research note on Friday, June 7th.

5N Plus Trading Up 1.8 %

Shares of TSE:VNP traded up C$0.12 during midday trading on Friday, hitting C$6.83. 89,975 shares of the stock traded hands, compared to its average volume of 108,725. The company has a quick ratio of 1.51, a current ratio of 3.47 and a debt-to-equity ratio of 110.23. The stock has a market capitalization of C$607.32 million, a PE ratio of 42.69, a P/E/G ratio of 6,283.33 and a beta of 1.56. The business's 50 day moving average is C$6.15 and its two-hundred day moving average is C$5.47. 5N Plus has a one year low of C$2.99 and a one year high of C$7.00.

5N Plus (TSE:VNP - Get Free Report) last released its earnings results on Monday, August 5th. The company reported C$0.08 EPS for the quarter, topping 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%. As a group, research analysts forecast that 5N Plus will post 0.274083 earnings per share for the current year.

Insider Buying and Selling at 5N Plus

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