5N Plus (TSE:VNP) Posts Earnings Results

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

5N Plus Price Performance

VNP stock traded up C$0.11 during trading on Thursday, hitting C$30.04. The stock had a trading volume of 200,143 shares, compared to its average volume of 509,604. The stock has a market cap of C$2.68 billion, a price-to-earnings ratio of 61.31, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.19. 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’s 50 day moving average price is C$22.27 and its two-hundred day moving average price is C$19.21. 5N Plus has a 1-year low of C$4.90 and a 1-year high of C$31.35.

Wall Street Analyst Weigh In

Several research firms have issued reports on VNP. Ventum Financial boosted their target price on 5N Plus from C$26.00 to C$30.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Canaccord Genuity Group lifted their price target on 5N Plus from C$26.00 to C$31.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Raymond James Financial increased their price objective on 5N Plus from C$24.00 to C$26.00 in a research report on Wednesday, November 5th. Desjardins raised their target price on 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Finally, National Bank Financial upped 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 note on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$31.25.

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.