National Bankshares Increases 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 report sent to investors on Tuesday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

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

5N Plus Price Performance

TSE:VNP opened at C$5.11 on Tuesday. 5N Plus has a 52-week low of C$2.86 and a 52-week high of C$5.25. The company has a debt-to-equity ratio of 107.81, a quick ratio of 1.51 and a current ratio of 2.22. The firm has a market capitalization of C$453.72 million, a price-to-earnings ratio of 22.22, a P/E/G ratio of 6,283.33 and a beta of 1.64. The stock has a fifty day moving average of C$4.74 and a 200 day moving average of C$4.03.

5N Plus (TSE:VNP) last issued its 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 during the quarter, compared to analysts’ expectations of C$84.15 million. On average, research analysts expect that 5N Plus will post 0.2835821 EPS for the current fiscal year.

Insider Transactions at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa acquired 60,100 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were bought at an average cost of C$4.52 per share, with a total value of C$271,561.85. Over the last three months, insiders have purchased 69,100 shares of company stock valued at $312,032. Insiders own 4.79% 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 two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.