5N Plus (TSE:VNP) Hits New 52-Week High After Analyst Upgrade

5N Plus Inc. (TSE:VNP)’s share price hit a new 52-week high on Wednesday after Ventum Financial raised their price target on the stock from C$26.00 to C$30.00. Ventum Financial currently has a buy rating on the stock. 5N Plus traded as high as C$27.70 and last traded at C$26.91, with a volume of 1016768 shares changing hands. The stock had previously closed at C$25.51.

Other research analysts have also recently issued research reports about the stock. Desjardins lifted 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. Canaccord Genuity Group set a C$26.00 target price on 5N Plus and gave the company a “buy” rating in a research report on Thursday, January 8th. National Bankshares boosted their price target on 5N Plus from C$17.00 to C$21.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. Raymond James Financial raised their price objective on 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday, November 5th. Finally, ATB Capital lowered their price objective on 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. Three research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$28.42.

5N Plus News Roundup

Here are the key news stories impacting 5N Plus this week:

• Positive Sentiment: Pentagon / U.S. support: Reports say the U.S. (Pentagon) is investing about $18M to secure germanium supply from 5N Plus — a direct strategic customer relationship that reduces supply risk for a critical material and can underpin revenue growth. Pentagon Invests $18M
• Positive Sentiment: Grant / solar capacity news: Coverage highlights a U.S. germanium grant and a planned boost to solar-related capacity that investors see as demand and revenue catalysts for the company’s germanium and space/solar product lines. Why 5N Plus Is Up
• Positive Sentiment: Space solar cell capacity increase: 5N Plus announced plans to further expand production capacity for space solar cells — an operational move that supports higher future revenue from aerospace customers. Capacity Increase
• Positive Sentiment: Analyst upgrades: Ventum Financial raised its target to C$30 and set a “buy” rating, and Desjardins raised its target to C$30 with a “buy” — both signal renewed analyst conviction and can attract investor demand. Analyst Raises
• Neutral Sentiment: Analyst / sector coverage piece: A recent feature frames 5N Plus as a “picks-and-shovels” supplier to the solar/germanium market — useful thematic context but not a direct corporate development. Seeking Alpha Article
• Negative Sentiment: Price-target revision (mixed signal): ATB Capital lowered its target from C$42.00 to C$37.50 even while keeping 5N Plus as a “top pick” — a sign analysts remain constructive but have tempered upside expectations versus earlier forecasts. ATB Target Lowered

5N Plus Price Performance

The firm has a 50 day moving average of C$19.48 and a 200-day moving average of C$17.58. The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29. The company has a market cap of C$2.40 billion, a P/E ratio of 54.92, a P/E/G ratio of 6,283.33 and a beta of 1.19.

5N Plus (TSE:VNP) last announced its quarterly earnings data on Monday, November 3rd. The company reported C$0.20 earnings per share (EPS) for the quarter. The business had revenue of C$146.06 million during the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. On average, equities research analysts predict that 5N Plus Inc. will post 0.3739703 EPS for the current year.

About 5N Plus

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.