5N Plus (TSE:VNP) Announces Earnings Results

5N Plus (TSE:VNP) posted its earnings results on Tuesday. The company reported C$0.10 EPS for the quarter, FiscalAI reports. The firm had revenue of C$134.21 million for the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%.

5N Plus Price Performance

5N Plus stock traded up C$0.95 on Tuesday, reaching C$29.28. The company’s stock had a trading volume of 413,514 shares, compared to its average volume of 515,373. The business’s fifty day moving average price is C$21.78 and its 200 day moving average price is C$19.04. The company has a debt-to-equity ratio of 104.29, a quick ratio of 1.51 and a current ratio of 3.49. The company has a market cap of C$2.61 billion, a price-to-earnings ratio of 59.76, a PEG ratio of 6,283.33 and a beta of 1.19. 5N Plus has a twelve month low of C$4.90 and a twelve month high of C$29.79.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Canaccord Genuity Group raised their target price on 5N Plus from C$26.00 to C$31.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Raymond James Financial raised their price objective on shares of 5N Plus from C$24.00 to C$26.00 in a report on Wednesday, November 5th. ATB Cormark Capital Markets decreased their target price on shares of 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating on the stock in a research report on Tuesday, February 3rd. National Bank Financial increased their price target on shares of 5N Plus from C$30.00 to C$33.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Finally, Desjardins raised their price target on shares of 5N Plus from C$24.50 to C$30.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Two research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. Based on data from MarketBeat, 5N Plus has an average rating of “Buy” and a consensus target price of C$31.25.

5N Plus Company Profile

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.