5N Plus (TSE:VNP) Reaches New 52-Week High Following Analyst Upgrade

5N Plus Inc. (TSE:VNP) reached a new 52-week high during mid-day trading on Wednesday after Canaccord Genuity Group raised their price target on the stock from C$26.00 to C$31.00. Canaccord Genuity Group currently has a buy rating on the stock. 5N Plus traded as high as C$27.70 and last traded at C$26.91, with a volume of 1016768 shares. The stock had previously closed at C$25.51.

Several other analysts also recently weighed in on the company. ATB Capital lowered their price objective on 5N Plus from C$42.00 to C$37.50 and set a “top pick” rating for the company in a research report on Tuesday. Desjardins lifted their target price on shares of 5N Plus from C$24.50 to C$30.00 and gave the stock a “buy” rating in a research note on Monday. Ventum Financial increased their price target on shares of 5N Plus from C$26.00 to C$30.00 and gave the company a “buy” rating in a research report on Tuesday. Raymond James Financial raised their price target on shares of 5N Plus from C$24.00 to C$26.00 in a report on Wednesday, November 5th. Finally, National Bankshares upped 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. Three analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$31.25.

Key Stories Impacting 5N Plus

Here are the key news stories impacting 5N Plus this week:

• Positive Sentiment: Several brokerages raised targets or ratings, supporting upside expectations — Ventum Financial boosted its target to C$30.00. Ventum Boosts Target
• Positive Sentiment: National Bankshares raised its price target to C$33.00 and moved to an “outperform,” signaling roughly ~19% upside from recent reference levels. National Bankshares Raises Target
• Positive Sentiment: Canaccord Genuity lifted its target to C$31.00 and kept a “buy” rating, another vote of confidence from the sell side. Canaccord Raises Target
• Positive Sentiment: Desjardins raised its price target to C$30.00, adding to the cluster of upward revisions. Desjardins Raises Target
• Positive Sentiment: Coverage notes that 5N Plus reached a new one‑year high following analyst upgrades, reflecting momentum from the fresh ratings. Reached New 1-Year High
• Positive Sentiment: Analysts and coverage point to company catalysts — a U.S. grant and planned solar capacity expansion — that improve growth visibility and helped re‑rate valuation. Valuation After Grant & Expansion
• Neutral Sentiment: Broader market commentary (TSX strength) mentions 5N Plus among names benefiting from the rally but is focused on market‑wide allocation rather than company specifics. TSX Market Commentary
• Neutral Sentiment: Roundups of analyst moves (e.g., Globe and Mail’s update) consolidate the above changes for investors tracking consensus shifts. Analyst Updates Roundup
• Negative Sentiment: ATB Capital cut its expectations for VNP, a negative revision that may weigh on sentiment and offset some upgrade momentum. ATB Lowers Expectations

5N Plus Stock Down 7.4%

The company’s fifty day simple moving average is C$19.74 and its 200 day simple moving average is C$17.71. The company has a quick ratio of 1.51, a current ratio of 3.49 and a debt-to-equity ratio of 104.29. The firm has a market capitalization of C$2.28 billion, a PE ratio of 52.31, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.19.

5N Plus (TSE:VNP) last announced its earnings results on Monday, November 3rd. The company reported C$0.20 earnings per share (EPS) for the quarter. The firm had revenue of C$146.06 million during the quarter. 5N Plus had a return on equity of 11.86% and a net margin of 5.63%. Analysts anticipate that 5N Plus Inc. will post 0.3739703 earnings per share for the current fiscal year.

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.