5N Plus Inc (TSE:VNP) – Research analysts at Cormark reduced their FY2018 earnings per share (EPS) estimates for 5N Plus in a report issued on Thursday, November 8th. Cormark analyst M. D. Whale now anticipates that the company will post earnings of $0.22 per share for the year, down from their prior forecast of $0.25. Cormark also issued estimates for 5N Plus’ FY2019 earnings at $0.33 EPS.
A number of other brokerages have also recently issued reports on VNP. National Bank Financial restated an “outperform spec under weight” rating on shares of 5N Plus in a report on Tuesday, August 7th. Desjardins reiterated an “average” rating and set a C$4.25 price target on shares of 5N Plus in a report on Thursday.
In other news, insider Nicholas Audet sold 75,000 shares of 5N Plus stock in a transaction on Wednesday, August 29th. The stock was sold at an average price of C$3.55, for a total transaction of C$266,250.00.
5N Plus Company Profile
5N Plus Inc produces and sells specialty chemicals and engineered materials in Europe, Asia, and the Americas. It operates in 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 a range of electronic applications covering various end-markets consisting of security, aerospace, sensing and imaging, renewable energy, and technical materials; and provides recycling services.
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