5N Plus (TSE:VNP – Free Report) had its target price upped by Cormark from C$5.75 to C$6.50 in a report released on Wednesday morning, BayStreet.CA reports.
Several other analysts have also commented on VNP. National Bankshares lifted their price objective on shares of 5N Plus from C$0.60 to C$0.65 and gave the stock an outperform rating in a research report on Tuesday. Raymond James lifted their price target on shares of 5N Plus from C$6.00 to C$7.00 in a report on Wednesday.
5N Plus Stock Performance
5N Plus (TSE:VNP – Get Free Report) last announced its quarterly earnings data 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 business had revenue of C$88.59 million during the quarter, compared to the consensus estimate of C$84.15 million. 5N Plus had a net margin of 6.35% and a return on equity of 12.76%. As a group, sell-side analysts expect that 5N Plus will post 0.2835821 earnings per share for the current year.
Insider Buying and Selling
In other 5N Plus news, Director Jean-Marie Bourassa purchased 60,100 shares of the stock in a transaction dated Friday, March 1st. The shares were bought at an average price of C$4.52 per share, with a total value of C$271,561.85. In the last 90 days, insiders bought 69,100 shares of company stock valued at $312,032. 4.79% of the stock is owned by 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.
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