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

Shares of 5N Plus Inc. (TSE:VNP) have been assigned an average rating of “Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$8.60.

A number of brokerages have commented on VNP. National Bankshares increased their price target on shares of 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday, November 5th. Ventum Cap Mkts raised shares of 5N Plus to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Ventum Financial set a C$10.00 price objective on 5N Plus and gave the company a “buy” rating in a research note on Thursday, December 12th.

5N Plus Price Performance

Shares of 5N Plus stock opened at C$7.65 on Tuesday. The firm has a market capitalization of C$680.24 million, a PE ratio of 47.81, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. 5N Plus has a 12 month low of C$3.33 and a 12 month high of C$8.08. The business’s 50-day moving average price is C$6.86 and its 200-day moving average price is C$6.62.

Insider Transactions at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa bought 9,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were acquired at an average cost of C$6.75 per share, for a total transaction of C$60,750.00. Insiders own 4.91% of the company’s stock.

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.