Cormark Weighs in on 5N Plus Inc’s Q4 2018 Earnings (VNP)
5N Plus Inc (TSE:VNP) – Investment analysts at Cormark lowered their Q4 2018 earnings estimates for 5N Plus in a research note issued on Thursday, November 8th. Cormark analyst M. D. Whale now anticipates that the company will post earnings per share of $0.07 for the quarter, down from their prior estimate of $0.08.
Other research analysts also recently issued reports about the company. Desjardins reiterated an “average” rating and set a C$4.25 price objective on shares of 5N Plus in a research note on Thursday, November 8th. National Bank Financial reiterated an “outperform spec under weight” rating on shares of 5N Plus in a research note on Tuesday, August 7th.
In related news, insider Nicholas Audet sold 75,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 29th. The stock was sold at an average price of C$3.55, for a total value 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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