National Bankshares Increases 5N Plus (TSE:VNP) Price Target to C$0.65

5N Plus (TSE:VNP) had its price objective increased by equities researchers at National Bankshares from C$0.60 to C$0.65 in a research note issued to investors on Tuesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price would indicate a potential downside of 87.20% from the company’s current price.

Separately, Raymond James upped their price objective on shares of 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

Shares of VNP opened at C$5.08 on Tuesday. The company has a debt-to-equity ratio of 107.81, a current ratio of 2.22 and a quick ratio of 1.51. The company’s fifty day moving average price is C$4.73 and its 200-day moving average price is C$4.02. 5N Plus has a 1-year low of C$2.86 and a 1-year high of C$5.25. The firm has a market capitalization of C$451.05 million, a PE ratio of 22.09, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.64.

5N Plus (TSE:VNP) last announced its quarterly earnings data on Tuesday, February 27th. The company reported C$0.04 earnings per share 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 analyst estimates of C$84.15 million. 5N Plus had a net margin of 6.35% and a return on equity of 12.76%. On average, equities research analysts predict that 5N Plus will post 0.2835821 EPS for the current year.

Insider Transactions at 5N Plus

In other news, Director Jean-Marie Bourassa purchased 60,100 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were purchased at an average cost of C$4.52 per share, with a total value of C$271,561.85. Insiders have bought 69,100 shares of company stock valued at $312,032 in the last 90 days. 4.79% of the stock is currently owned by company 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.