5N Plus Inc. (OTCMKTS:FPLSF) Sees Large Growth in Short Interest

5N Plus Inc. (OTCMKTS:FPLSF) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 204,442 shares, a growth of 227.4% from the December 15th total of 62,436 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 16,330 shares, the short-interest ratio is presently 12.5 days. Based on an average daily volume of 16,330 shares, the short-interest ratio is presently 12.5 days. Currently, 0.2% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Raymond James Financial reissued an “outperform” rating on shares of 5N Plus in a research note on Friday, October 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

5N Plus Trading Up 2.8%

OTCMKTS FPLSF opened at $14.89 on Tuesday. 5N Plus has a twelve month low of $2.00 and a twelve month high of $15.64. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.39 and a current ratio of 2.97. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 30.39 and a beta of 1.91. The firm’s 50 day moving average price is $13.83 and its two-hundred day moving average price is $16.18.

5N Plus (OTCMKTS:FPLSF) last released its earnings results on Monday, November 3rd. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.09. The company had revenue of $104.90 million during the quarter, compared to analyst estimates of $89.88 million. 5N Plus had a return on equity of 28.06% and a net margin of 12.22%.

About 5N Plus

5N Plus Inc is a Canadian specialty chemicals and materials company that develops, manufactures and commercializes high‐purity metals and compounds for advanced technology markets. The company’s product portfolio spans a range of elemental metals—including bismuth, antimony, tellurium, selenium, indium and germanium—along with organometallic precursors, catalysts and radioisotopes. These materials are engineered to meet stringent purity standards (commonly known as “five‐nines” or 99.999% purity) for critical applications in electronics, photovoltaics, catalysts and life sciences.

Founded in 2000 and headquartered in Boucherville, Quebec, 5N Plus has grown from its roots in high‐purity research to a global manufacturing and distribution platform.