5N Plus (TSE:VNP) Hits New 52-Week High at $5.13

5N Plus Inc. (TSE:VNP) shares reached a new 52-week high during trading on Thursday . The company traded as high as C$5.13 and last traded at C$5.07, with a volume of 62682 shares trading hands. The stock had previously closed at C$5.00.

Analysts Set New Price Targets

Several brokerages recently weighed in on VNP. Raymond James upped their price target on 5N Plus from C$5.00 to C$6.00 and gave the stock a “strong-buy” rating in a research note on Monday, February 26th. National Bankshares upped their target price on shares of 5N Plus from C$4.75 to C$5.25 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th.

5N Plus Price Performance

The firm has a 50 day moving average of C$4.28 and a two-hundred day moving average of C$3.72. The company has a market cap of C$443.50 million, a PE ratio of 21.74, a P/E/G ratio of 6,283.33 and a beta of 1.62. The company has a current ratio of 2.22, a quick ratio of 1.51 and a debt-to-equity ratio of 107.81.

5N Plus (TSE:VNP) last announced its quarterly earnings results on Tuesday, February 27th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). The firm had revenue of C$88.59 million during the quarter, compared to the consensus estimate of C$84.15 million. 5N Plus had a return on equity of 12.76% and a net margin of 6.35%. Research analysts predict that 5N Plus Inc. will post 0.2702553 earnings per share for the current fiscal year.

Insider Activity at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa bought 60,100 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was acquired at an average price of C$4.52 per share, with a total value of C$271,561.85. Insiders bought 69,100 shares of company stock valued at $312,032 over the last 90 days. Corporate insiders own 5.21% 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 Specialty Semiconductors and Performance Material segments. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.