5N Plus Inc. (TSE:VNP) Receives Consensus Recommendation of “Buy” from Analysts

5N Plus Inc. (TSE:VNP) has earned a consensus recommendation of “Buy” from the seven research firms that are covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a buy recommendation. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$5.00.

VNP has been the topic of a number of recent research reports. Raymond James set a C$4.50 price target on shares of 5N Plus and gave the stock an “outperform” rating in a research note on Monday, November 29th. National Bankshares reduced their target price on shares of 5N Plus from C$4.75 to C$4.25 in a research note on Tuesday.

VNP traded down C$0.03 during trading on Friday, reaching C$2.45. 61,549 shares of the company’s stock were exchanged, compared to its average volume of 62,890. 5N Plus has a fifty-two week low of C$2.06 and a fifty-two week high of C$5.01. The company has a quick ratio of 1.74, a current ratio of 3.76 and a debt-to-equity ratio of 47.16. The business has a 50 day moving average price of C$2.40 and a 200 day moving average price of C$2.68. The company has a market capitalization of C$216.41 million and a P/E ratio of -222.73.

In other news, Director Jean-Marie Bourassa bought 75,000 shares of 5N Plus stock in a transaction dated Wednesday, December 15th. The shares were bought at an average price of C$2.15 per share, for a total transaction of C$161,250.00. Following the purchase, the director now owns 1,247,000 shares of the company’s stock, valued at C$2,681,050.

About 5N Plus

5N Plus Inc produces and sells engineered materials and specialty chemicals in Europe, Asia, the Americas, and internationally. It operates in two segments, Electronic Materials and Eco-Friendly Materials. The Electronic Materials segment manufactures and sells refined metals, compounds, and alloys, which are primarily used in a range of electronic applications covering various end-markets consisting of security, aerospace, sensing and imaging, renewable energy, and technical materials; and provides recycling services.

Recommended Story: How Do I Invest in Dividend Stocks

Analyst Recommendations for 5N Plus (TSE:VNP)

Receive News & Ratings for 5N Plus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 5N Plus and related companies with MarketBeat.com's FREE daily email newsletter.