5N Plus Inc. (TSE:VNP) Given Average Rating of “Buy” by Analysts

Shares of 5N Plus Inc. (TSE:VNP) have earned an average rating of “Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. Five investment 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 objective among brokerages that have issued ratings on the stock in the last year is C$8.60.

Several analysts have issued reports on VNP shares. National Bankshares boosted their price objective on shares of 5N Plus from C$8.00 to C$8.50 in a report on Tuesday, November 5th. Desjardins boosted their price target on 5N Plus from C$7.25 to C$8.50 and gave the company a “buy” rating in a research note on Tuesday, September 10th. Ventum Cap Mkts upgraded 5N Plus to a “strong-buy” rating in a research note on Wednesday, December 11th. Raymond James boosted their price target on 5N Plus from C$7.50 to C$8.50 in a research note on Friday, September 6th. Finally, Ventum Financial set a C$10.00 price target on 5N Plus and gave the company a “buy” rating in a research note on Thursday, December 12th.

Insider Buying and Selling at 5N Plus

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

5N Plus Stock Performance

TSE:VNP opened at C$6.82 on Friday. 5N Plus has a 1 year low of C$3.33 and a 1 year high of C$7.61. The firm’s fifty day simple moving average is C$6.71 and its 200 day simple moving average is C$6.43. 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 firm has a market capitalization of C$606.43 million, a PE ratio of 42.63, a PEG ratio of 6,283.33 and a beta of 1.55.

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.