Richard Perron Purchases 75,000 Shares of 5N Plus Inc. (TSE:VNP) Stock

5N Plus Inc. (TSE:VNP) Senior Officer Richard Perron purchased 75,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The stock was acquired at an average price of C$6.95 per share, for a total transaction of C$521,250.00.

5N Plus Price Performance

VNP stock opened at C$7.18 on Friday. The firm has a 50-day moving average price of C$6.24 and a 200-day moving average price of C$5.57. 5N Plus Inc. has a 12 month low of C$2.99 and a 12 month high of C$7.25. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. The stock has a market capitalization of C$638.45 million, a P/E ratio of 44.88, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.57.

5N Plus (TSE:VNP) last released its quarterly earnings data on Monday, August 5th. The company reported C$0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.06 by C$0.02. The business had revenue of C$102.04 million during the quarter, compared to analysts’ expectations of C$91.45 million. 5N Plus had a net margin of 4.15% and a return on equity of 8.56%. As a group, equities research analysts anticipate that 5N Plus Inc. will post 0.3715996 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on VNP. National Bankshares boosted their price objective on shares of 5N Plus from C$6.50 to C$8.00 and gave the company an “outperform” rating in a report on Monday, August 26th. Cormark upped their price objective on shares of 5N Plus from C$5.50 to C$7.50 and gave the stock a “buy” rating in a research report on Friday, June 7th. Raymond James increased their price target on shares of 5N Plus from C$7.50 to C$8.50 in a research report on Friday, September 6th. Finally, Desjardins upped their target price on 5N Plus from C$7.25 to C$8.50 and gave the stock a “buy” rating in a research note on Tuesday, September 10th.

5N Plus Company Profile

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.