The 5N Plus Inc to Post FY2018 Earnings of $0.23 Per Share, National Bank Financial Forecasts (VNP)

The 5N Plus Inc to Post FY2018 Earnings of $0.23 Per Share, National Bank Financial Forecasts (VNP)

5N Plus Inc (TSE:VNP) – Research analysts at National Bank Financial upped their FY2018 earnings estimates for 5N Plus in a report released on Wednesday, according to Zacks Investment Research. National Bank Financial analyst R. Merer now forecasts that the company will earn $0.23 per share for the year, up from their prior estimate of $0.17.

Shares of 5N Plus (TSE:VNP) traded up 8.14% on Friday, hitting $2.79. The stock had a trading volume of 370,702 shares. 5N Plus has a 52-week low of $1.38 and a 52-week high of $2.93. The company has a 50-day moving average of $2.00 and a 200-day moving average of $1.84. The company’s market cap is $232.43 million.

In other 5N Plus news, Director Hwang Jennie S. acquired 21,500 shares of 5N Plus stock in a transaction that occurred on Friday, February 24th. The stock was bought at an average price of C$1.32 per share, with a total value of C$28,380.00. Also, Director Luc Bertrand acquired 19,900 shares of 5N Plus stock in a transaction that occurred on Wednesday, May 10th. The stock was acquired at an average cost of C$2.48 per share, with a total value of C$49,352.00. Insiders purchased 132,300 shares of company stock valued at $289,462 in the last three months. About 5N Plus

5N Plus Inc (5N Plus) is a Canada-based producer of specialty metal and chemical products used in a number of pharmaceutical, electronic and industrial applications. The Company operates in two business 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. Get a free copy of the Zacks research report on 5N Plus (VNP)

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