FY2017 EPS Estimates for 5N Plus Inc (TSE:VNP) Reduced by National Bank Financial
5N Plus Inc (TSE:VNP) – Analysts at National Bank Financial dropped their FY2017 earnings per share (EPS) estimates for 5N Plus in a report issued on Wednesday. National Bank Financial analyst R. Merer now anticipates that the company will post earnings of $0.18 per share for the year, down from their previous forecast of $0.19. National Bank Financial has a “Outperform” rating and a $3.75 price target on the stock. National Bank Financial also issued estimates for 5N Plus’ FY2018 earnings at $0.23 EPS.
In other 5N Plus news, insider Nicholas Audet sold 100,000 shares of 5N Plus stock in a transaction that occurred on Wednesday, May 24th. The shares were sold at an average price of C$2.85, for a total transaction of C$285,000.00. Also, insider Jean Mayer sold 10,000 shares of 5N Plus stock in a transaction that occurred on Monday, May 29th. The shares were sold at an average price of C$3.25, for a total transaction of C$32,500.00. Insiders bought 84,800 shares of company stock valued at $213,029 over the last 90 days.
About 5N Plus
5N Plus Inc produces and sells specialty metal and chemical products in the Americas, Europe, and Asia. It operates through two segments, Electronic Materials and Eco-Friendly Materials. The Electronic Materials segment manufactures and sells refined metals, compounds, and alloys, which are primarily used in various electronic applications, as well as provides recycling services.
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