The Globe and Mail reports in its Thursday, Feb. 5, edition that Canaccord Genuity analyst Yuri Lynk has reaffirmed his "buy" recommendation for 5N Plus. The Globe's David Leeder writes in the Eye On Equities column that Mr. Lynk gave his share target a $5 boost to $31. Analysts on average target the shares at $30. Mr. Lynk says in a note: "5N Plus is a key global supplier of ultra-high purity (99.999 per cent or five-nines purity) advanced materials and specialty semiconductors used in renewable energy, space solar and defence applications. The company enjoys a wide competitive moat as one of only a handful of companies in the Western world able to source and process cadmium, tellurium and germanium, among other minor metals, outside China. With a strong balance sheet, management is looking to expand and compliment 5N Plus's product portfolio via acquisition. Any associated accretion would be additive to our forecasts." The Globe reported on Nov. 6 that Ventum Financial analyst Amr Ezzat continued to rank 5N Plus "buy." It was then worth $20.17. The Globe reported on Jan. 9 that Mr. Lynk had commenced coverage on 5N Plus with a "buy" recommendation and a $26 share target. The shares could then be had for $20.09.