FY2017 EPS Estimates for 5N Plus Inc (VNP) Reduced by National Bank Financial
5N Plus Inc (TSE:VNP) – Research 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 prior forecast of $0.19. National Bank Financial has a “Outperform” rating and a $3.75 price objective on the stock. National Bank Financial also issued estimates for 5N Plus’ FY2018 earnings at $0.23 EPS.
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In other 5N Plus news, Director Jean-Marie Bourassa bought 45,000 shares of the company’s stock in a transaction dated Tuesday, May 9th. The shares were acquired at an average cost of C$2.43 per share, with a total value of C$109,350.00. Also, insider Nicholas Audet sold 100,000 shares of 5N Plus stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of C$2.85, for a total value of C$285,000.00. Over the last ninety days, insiders have bought 84,800 shares of company stock worth $213,029.
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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