5N Plus (TSE:VNP – Free Report) had its target price lifted by Raymond James from C$6.00 to C$7.00 in a research report sent to investors on Wednesday, BayStreet.CA reports. Raymond James also issued estimates for 5N Plus’ Q2 2024 earnings at $0.05 EPS, Q3 2024 earnings at $0.07 EPS, Q4 2024 earnings at $0.08 EPS, FY2024 earnings at $0.25 EPS and FY2025 earnings at $0.36 EPS.
Separately, National Bankshares upped 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 report on Tuesday.
Get Our Latest Stock Report on VNP
5N Plus Stock Down 1.4 %
5N Plus (TSE:VNP – Get Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The company reported C$0.04 EPS for the quarter, missing the consensus estimate 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%. As a group, sell-side analysts predict that 5N Plus will post 0.2835821 EPS for the current year.
Insider Activity
In other 5N Plus news, Director Jean-Marie Bourassa bought 60,100 shares of 5N Plus stock in a transaction dated Friday, March 1st. The stock was bought at an average price of C$4.52 per share, for a total transaction of C$271,561.85. Insiders have bought 69,100 shares of company stock worth $312,032 over the last 90 days. 4.79% of the stock is 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.
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