What is Cormark’s Forecast for 5N Plus FY2025 Earnings?

5N Plus Inc. (TSE:VNP) – Equities researchers at Cormark boosted their FY2025 earnings estimates for shares of 5N Plus in a research report issued on Wednesday, November 5th. Cormark analyst N. Boychuk now forecasts that the company will earn $0.77 per share for the year, up from their prior estimate of $0.58. Cormark currently has a “Strong-Buy” rating on the stock. The consensus estimate for 5N Plus’ current full-year earnings is $0.37 per share.

Several other equities analysts have also issued reports on the company. Desjardins boosted their price target on 5N Plus from C$17.50 to C$23.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Raymond James Financial raised their price objective on 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday. Ventum Financial boosted their target price on 5N Plus from C$19.00 to C$21.50 in a research note on Wednesday, October 29th. Finally, National Bankshares increased their target price on shares of 5N Plus from C$17.00 to C$21.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Strong Buy” and a consensus price target of C$22.88.

5N Plus Stock Down 5.7%

TSE VNP opened at C$20.17 on Friday. The business has a fifty day moving average price of C$17.17 and a two-hundred day moving average price of C$12.59. The stock has a market capitalization of C$1.80 billion, a PE ratio of 56.03, a PEG ratio of 6,283.33 and a beta of 1.16. 5N Plus has a fifty-two week low of C$4.90 and a fifty-two week high of C$22.50. The company has a debt-to-equity ratio of 104.29, a current ratio of 3.49 and a quick ratio of 1.51.

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.