Cormark Weighs in on 5N Plus Inc’s Q3 2017 Earnings (TSE:VNP)
5N Plus Inc (TSE:VNP) – Cormark lifted their Q3 2017 earnings per share (EPS) estimates for 5N Plus in a research report issued on Thursday. Cormark analyst M. D. Whale now expects that the company will post earnings per share of $0.05 for the quarter, up from their prior forecast of $0.04. Cormark also issued estimates for 5N Plus’ Q4 2017 earnings at $0.04 EPS.
Separately, National Bank Financial cut 5N Plus from an “outperform spec market weight” rating to a “sec perform spec market wgt” rating in a research report on Wednesday, May 17th.
5N Plus (VNP) opened at 3.44 on Monday. 5N Plus has a 52 week low of $1.38 and a 52 week high of $3.71. The company’s 50-day moving average price is $3.14 and its 200 day moving average price is $2.38. The company has a market capitalization of $293.78 million and a PE ratio of 80.00.
In related news, Director Jean-Marie Bourassa purchased 19,900 shares of the stock in a transaction on Thursday, May 18th. The shares were purchased at an average cost of C$2.73 per share, for a total transaction of C$54,327.00. Also, insider Nicholas Audet sold 100,000 shares of the company’s stock in a transaction on Wednesday, May 24th. The shares were sold at an average price of C$2.85, for a total value of C$285,000.00.
5N Plus Company Profile
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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