TSE:VNP
5N Plus (VNP.TO)
26.15
+0.22 (0.85%)
as of Nov 2, 2026, 9:00:00 pm Market Closed.
64 watching
Financials 
Technical Analysis 0
HOLD
Their biggest customer just came out with good earnings, so this stock jumped also. That customer really wants some alternate sources so there will be other competitors coming into the picture.
Peter HodsonOwned
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DON'T BUY
One of the best companies in this sector. Produce the product that goes into solar panels. Made close to 30% net margin after taxes last quarter. Extremely well run. Because energy prices have come down, and no one can finance new projects demand for solar panels has dropped dramatically. Sold his holdings because of the risk for the next few quarters.
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TOP PICK
Key supplier to First Solar (FSLR-Q) for the thin-film version of the solar panel. Doesn't use sand, but cadmium telluride instead, which is rare and hard to come by. Have a virtual monopoly on this.
Peter HofstraOwned
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PAST TOP PICK
(A Top Pick Jan 31/08. Down 20.4%.) Supplies First Solar (FSLR-Q) with specialty metals. Still growing and have a very tight relationship with the fastest growing solar company in the world. Still a Buy.
Peter HodsonOwned
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BUY
Strategic position in the solar industry is pretty secure. Producing material that goes into thin film. First Solar (FSLR-Q) is their biggest customer at 55%-60% of revenues. Could be a takeover.
Peter HodsonOwned
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DON'T BUY
Supplies cadmium telluride cells to First Solar (FSLR-Q). Fist Solar uses an extremely thin film process with a dramatically smaller amount of silicon compared to more conventional ones. Offsetting that is their low efficiency of 10% to 12% compared to what Arise Technologies (APV-T) of 15%.
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BUY
COMMENT
He has been selling down. This is riding on a solar industry, which is dependent on all the players being able to continue to deliver their technology into a rather strange industry.
Michael SmedleyOwned
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BUY
Refine rare metals into high purity. Extremely profitable today. Last quarter, the net margin after tax was 25%. Very important client to First Solar (FSLR-Q), which is the high-growth company in the solar business. Opening a 2nd plant in Germany.
Jean-Francois TardifOwned
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