The Globe and Mail reports in its Thursday, Aug. 7, edition that Desjardins Securities analyst Frederic Tremblay has reiterated his "buy" recommendation for 5N Plus. The Globe's David Leeder writes in the Eye On Equities column that Mr. Tremblay gave his share target a $3.50 boost to $17.50. Analysts on average target the shares at $14.65. Mr. Tremblay thinks 5N Plus is "firing on all cylinders." Mr. Tremblay says in a note: "The company announced another spectacular quarterly beat, a new and expanded supply agreement with First Solar, and an increase in its 2025 guidance. The future continues to look bright, including strong demand momentum in specialty semiconductors (eg First Solar, AZUR) and healthy margins in performance materials. We expect 5N Plus to beat its updated 2025 guidance. ... Key tailwinds included higher volume (which drove economies of scale) in the terrestrial renewable energy and space solar power sectors and higher prices. We are pleased with 5N Plus's new and expanded agreement with its largest customer, First Solar. ... Considering the overwhelmingly positive updates (eg Q2 beat, new First Solar agreement, balance sheet strength), we view an expansion of the valuation multiple as warranted."