Cormark Boosts 5N Plus (TSE:VNP) Price Target to C$6.50

5N Plus (TSE:VNP) had its target price hoisted by Cormark from C$5.75 to C$6.50 in a research note released on Wednesday morning, BayStreet.CA reports.

VNP has been the topic of several other research reports. Raymond James upped their target price on shares of 5N Plus from C$6.00 to C$7.00 in a research note on Wednesday. National Bankshares increased their price objective on shares of 5N Plus from C$0.60 to C$0.65 and gave the company an outperform rating in a research report on Tuesday.

5N Plus Price Performance

Shares of TSE VNP opened at C$5.08 on Wednesday. The firm has a market cap of C$451.05 million, a P/E ratio of 22.09, a PEG ratio of 6,283.33 and a beta of 1.64. 5N Plus has a twelve month low of C$2.86 and a twelve month high of C$5.25. The company has a quick ratio of 1.51, a current ratio of 2.22 and a debt-to-equity ratio of 107.81. The company has a 50 day moving average of C$4.73 and a 200 day moving average of C$4.02.

5N Plus (TSE:VNP) last posted its quarterly earnings results on Tuesday, February 27th. The company reported C$0.04 earnings per share for the quarter, missing the consensus estimate of C$0.06 by C($0.02). 5N Plus had a return on equity of 12.76% and a net margin of 6.35%. The business had revenue of C$88.59 million during the quarter, compared to analysts’ expectations of C$84.15 million. As a group, research analysts expect that 5N Plus will post 0.2835821 EPS for the current fiscal year.

Insider Activity at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa acquired 60,100 shares of the stock in a transaction dated Friday, March 1st. The shares were purchased at an average price of C$4.52 per share, for a total transaction of C$271,561.85. Over the last 90 days, insiders bought 69,100 shares of company stock worth $312,032. 4.79% of the stock is 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.