5N Plus (TSE:VNP) Announces Quarterly Earnings Results

5N Plus (TSE:VNP) announced its quarterly earnings data on Tuesday. The company reported C$0.10 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$134.21 million for the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%.

5N Plus Price Performance

Shares of 5N Plus stock opened at C$29.28 on Wednesday. 5N Plus has a 12 month low of C$4.90 and a 12 month high of C$29.79. The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29. The business’s 50-day moving average price is C$22.02 and its 200-day moving average price is C$19.14. The firm has a market capitalization of C$2.61 billion, a PE ratio of 59.76, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.19.

Analyst Upgrades and Downgrades

VNP has been the subject of several recent research reports. Desjardins boosted their price objective on 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a report on Monday, February 2nd. National Bank Financial increased their price objective on shares of 5N Plus from C$30.00 to C$33.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Ventum Financial lifted their target price on 5N Plus from C$26.00 to C$30.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Canaccord Genuity Group upped their price objective on 5N Plus from C$26.00 to C$31.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Finally, ATB Cormark Capital Markets dropped their price objective on shares of 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating on the stock in a report on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$31.25.

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. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.