5N Plus (TSE:VNP) Sets New 12-Month High at $5.13

5N Plus Inc. (TSE:VNP) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$5.13 and last traded at C$5.07, with a volume of 62682 shares changing hands. The stock had previously closed at C$5.00.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on VNP shares. National Bankshares upped their price objective on 5N Plus from C$4.75 to C$5.25 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th. Raymond James raised their price target on shares of 5N Plus from C$5.00 to C$6.00 and gave the stock a “strong-buy” rating in a research note on Monday, February 26th.

5N Plus Price Performance

The firm has a market cap of C$443.50 million, a P/E ratio of 21.74, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.62. 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 firm has a fifty day moving average of C$4.28 and a 200-day moving average of C$3.72.

5N Plus (TSE:VNP) last posted its quarterly earnings results on Tuesday, February 27th. The company reported C$0.04 earnings per share (EPS) 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 firm had revenue of C$88.59 million for the quarter, compared to the consensus estimate of C$84.15 million. On average, equities research analysts anticipate that 5N Plus Inc. will post 0.2702553 earnings per share for the current year.

Insider Buying and Selling

In other 5N Plus news, Director Jean-Marie Bourassa bought 60,100 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were acquired at an average cost of C$4.52 per share, with a total value of C$271,561.85. Over the last 90 days, insiders acquired 69,100 shares of company stock worth $312,032. Company insiders own 5.21% of the company’s stock.

5N Plus Company Profile

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through Specialty Semiconductors and Performance Material segments. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.