5N Plus (TSE:VNP) Posts Earnings Results

5N Plus (TSE:VNP) posted its quarterly earnings results on Monday. The company reported C$0.28 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$194.16 million for the quarter. 5N Plus had a net margin of 14.08% and a return on equity of 29.60%.

5N Plus Stock Performance

Shares of VNP stock opened at C$26.15 on Tuesday. The business’s 50-day moving average price is C$27.85 and its 200-day moving average price is C$31.91. 5N Plus has a 12 month low of C$17.20 and a 12 month high of C$49.97. The firm has a market capitalization of C$2.35 billion, a price-to-earnings ratio of 37.90, a PEG ratio of 6,283.33 and a beta of 0.59. The company has a current ratio of 2.28, a quick ratio of 1.51 and a debt-to-equity ratio of 45.47.

Wall Street Analyst Weigh In

Several brokerages recently commented on VNP. Canaccord Genuity Group set a C$48.00 price objective on shares of 5N Plus and gave the company a “buy” rating in a research note on Tuesday, July 14th. Ventum Financial set a C$44.00 target price on shares of 5N Plus and gave the stock a “buy” rating in a research note on Monday, July 27th. National Bank Financial decreased their target price on shares of 5N Plus from C$50.00 to C$45.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. Royal Bank Of Canada set a C$41.00 price target on shares of 5N Plus and gave the stock a “moderate buy” rating in a report on Tuesday, July 21st. Finally, Raymond James Financial upgraded shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 price target for the company in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. Based on data from MarketBeat, 5N Plus currently has a consensus rating of “Buy” and a consensus price target of C$45.28.

5N Plus Company Profile

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.