5N Plus (TSE:VNP) Reaches New 12-Month High – Should You Buy?

5N Plus Inc. (TSE:VNP) shares hit a new 52-week high during trading on Thursday . The company traded as high as C$39.70 and last traded at C$37.92, with a volume of 122996 shares traded. The stock had previously closed at C$36.05.

Key 5N Plus News

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

• Positive Sentiment: ATB Cormark raised its price target on 5N Plus to C$45.00 from C$37.50 and reiterated a top pick rating, implying meaningful upside from current levels. BayStreet.CA article
• Positive Sentiment: Raymond James increased its target to C$45.00 from C$38.00 and maintained an outperform rating, adding to bullish sentiment around the name. BayStreet.CA article
• Positive Sentiment: Desjardins lifted its target to C$43.00 from C$35.50 and kept a buy rating, suggesting analysts see further room for share-price gains. BayStreet.CA article
• Positive Sentiment: National Bank Financial raised its target to C$41.00 from C$38.00 and maintained an outperform view, reinforcing the broader upgrade trend. BayStreet.CA article
• Neutral Sentiment: 5N Plus also recently reported first-quarter 2026 financial results, which appears to be the catalyst for the recent round of analyst target increases. Yahoo Finance article

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Ventum Financial boosted their price target on 5N Plus from C$30.00 to C$35.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Canaccord Genuity Group upped their price objective on 5N Plus from C$31.00 to C$34.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Raymond James Financial upped their price objective on 5N Plus from C$38.00 to C$45.00 and gave the company an “outperform” rating in a research report on Friday. ATB Cormark Capital Markets upped their price objective on 5N Plus from C$37.50 to C$45.00 and gave the company a “top pick” rating in a research report on Friday. Finally, Desjardins upped their price objective on 5N Plus from C$35.50 to C$43.00 and gave the company a “buy” rating in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$40.50.

5N Plus Stock Performance

The firm has a market capitalization of C$3.38 billion, a PE ratio of 57.85, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.98. The company has a current ratio of 2.69, a quick ratio of 1.51 and a debt-to-equity ratio of 68.96. The business’s 50 day simple moving average is C$32.00 and its two-hundred day simple moving average is C$24.78.

5N Plus (TSE:VNP) last announced its earnings results on Wednesday, May 6th. The company reported C$0.28 earnings per share for the quarter. The business had revenue of C$163.91 million during the quarter. 5N Plus had a net margin of 13.95% and a return on equity of 30.00%. Research analysts expect 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.