5N Plus Inc. (TSE:VNP) Receives C$8.60 Average Target Price from Brokerages

Shares of 5N Plus Inc. (TSE:VNP) have received an average rating of “Buy” from the six brokerages that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$8.60.

VNP has been the subject of several analyst reports. National Bankshares increased their target price on 5N Plus from C$8.00 to C$8.50 in a report on Tuesday, November 5th. 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. Finally, Ventum Cap Mkts raised shares of 5N Plus to a “strong-buy” rating in a research note on Wednesday, December 11th.

5N Plus Stock Performance

Shares of TSE VNP opened at C$7.67 on Tuesday. The stock’s 50-day moving average is C$6.85 and its 200 day moving average is C$6.60. The stock has a market cap of C$682.02 million, a price-to-earnings ratio of 47.94, a P/E/G ratio of 6,283.33 and a beta of 1.55. 5N Plus has a 1-year low of C$3.33 and a 1-year high of C$8.08. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23.

Insider Activity at 5N Plus

In related news, Director Jean-Marie Bourassa bought 9,000 shares of the business’s stock in a transaction on Friday, November 15th. The stock was acquired at an average price of C$6.75 per share, with a total value of C$60,750.00. 4.91% of the stock is currently owned by insiders.

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.