5N Plus (TSE:VNP) Hits New 1-Year High – Should You Buy?

5N Plus Inc. (TSE:VNP) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$8.95 and last traded at C$8.85, with a volume of 18370 shares traded. The stock had previously closed at C$8.90.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on VNP shares. National Bankshares upped their price objective on 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday, November 5th. Ventum Financial set a C$10.00 price target on 5N Plus and gave the stock a “buy” rating in a research report on Thursday, December 12th. Finally, Ventum Cap Mkts upgraded shares of 5N Plus to a “strong-buy” rating in a research report on Wednesday, December 11th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of C$8.60.

5N Plus Trading Down 2.9 %

The company has a debt-to-equity ratio of 110.23, a quick ratio of 1.51 and a current ratio of 3.47. The stock has a fifty day moving average of C$7.18 and a 200-day moving average of C$6.78. The company has a market cap of C$723.81 million, a PE ratio of 50.88, a PEG ratio of 6,283.33 and a beta of 1.55.

5N Plus (TSE:VNP) last posted its quarterly earnings results on Monday, November 4th. The company reported C$0.12 EPS for the quarter, topping analysts’ consensus estimates of C$0.08 by C$0.04. 5N Plus had a net margin of 4.15% and a return on equity of 8.56%. During the same period in the previous year, the firm earned $0.03 EPS. Sell-side analysts anticipate that 5N Plus Inc. will post 0.3739703 EPS for the current fiscal year.

Insider Transactions at 5N Plus

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

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.