Jean-Marie Bourassa Sells 400,000 Shares of 5N Plus Inc. (TSE:VNP) Stock

5N Plus Inc. (TSE:VNP - Get Free Report) Director Jean-Marie Bourassa sold 400,000 shares of the business's stock in a transaction on Monday, March 10th. The shares were sold at an average price of C$5.55, for a total transaction of C$2,220,000.00.

5N Plus Stock Up 1.7 %

Shares of VNP traded up C$0.09 on Friday, hitting C$5.33. 123,625 shares of the stock traded hands, compared to its average volume of 319,180. 5N Plus Inc. has a one year low of C$4.29 and a one year high of C$8.99. The company has a market capitalization of C$334.58 million, a PE ratio of 20.95, a P/E/G ratio of 6,283.33 and a beta of 1.55. The business has a 50 day simple moving average of C$7.26 and a 200 day simple moving average of C$6.98. The company has a debt-to-equity ratio of 104.29, a quick ratio of 1.51 and a current ratio of 3.49.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Ventum Financial set a C$10.00 price objective on shares of 5N Plus and gave the stock a "buy" rating in a research note on Thursday, December 12th. Ventum Cap Mkts raised 5N Plus to a "strong-buy" rating in a research report on Wednesday, December 11th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of C$8.60.

5N Plus Company Profile

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.