National Bankshares Boosts 5N Plus (TSE:VNP) Price Target to C$0.65

5N Plus (TSE:VNP) had its price objective increased by National Bankshares from C$0.60 to C$0.65 in a research note issued to investors on Tuesday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Separately, Raymond James increased their target price on shares of 5N Plus from C$5.00 to C$6.00 and gave the stock a strong-buy rating in a report on Monday, February 26th.

5N Plus Stock Up 7.7 %

Shares of TSE VNP opened at C$5.15 on Tuesday. 5N Plus has a 52-week low of C$2.86 and a 52-week high of C$5.25. The firm has a market capitalization of C$457.27 million, a price-to-earnings ratio of 22.39, a PEG ratio of 6,283.33 and a beta of 1.64. The stock has a 50 day moving average price of C$4.71 and a 200 day moving average price of C$4.01. The company has a debt-to-equity ratio of 107.81, a quick ratio of 1.51 and a current ratio of 2.22.

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

Insider Buying and Selling at 5N Plus

In related news, Director Jean-Marie Bourassa purchased 60,100 shares of 5N Plus stock in a transaction dated Friday, March 1st. The stock was purchased at an average cost of C$4.52 per share, with a total value of C$271,561.85. In the last 90 days, insiders have purchased 69,100 shares of company stock valued at $312,032. 4.79% of the stock is currently owned by corporate insiders.

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.