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

5N Plus (TSE:VNP - Free Report) had its price objective lifted by Cormark from C$5.75 to C$6.50 in a report issued on Wednesday, BayStreet.CA reports.

Other equities analysts also recently issued reports about the stock. National Bankshares increased their target price on shares of 5N Plus from C$0.60 to C$0.65 and gave the stock an outperform rating in a research report on Tuesday. Raymond James increased their price objective on 5N Plus from C$6.00 to C$7.00 in a report on Wednesday.

5N Plus Stock Down 1.4 %

Shares of 5N Plus stock traded down C$0.07 during midday trading on Wednesday, hitting C$5.08. The company's stock had a trading volume of 161,367 shares, compared to its average volume of 104,432. The firm has a market capitalization of C$451.05 million, a P/E ratio of 21.74, a PEG ratio of 6,283.33 and a beta of 1.64. 5N Plus has a 1-year low of C$2.86 and a 1-year 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 stock has a 50-day simple moving average of C$4.71 and a 200-day simple moving average of C$4.01.

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

Insider Activity

In related news, Director Jean-Marie Bourassa acquired 60,100 shares of the stock in a transaction dated Friday, March 1st. The shares were bought at an average cost of C$4.52 per share, for a total transaction of C$271,561.85. In the last three months, insiders have acquired 69,100 shares of company stock worth $312,032. Corporate insiders own 4.79% 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.