Insider Buying: 5N Plus (VNP) Director Buys 50,000 Shares of Stock

5N Plus (TSE:VNP) Director Jean-Marie Bourassa acquired 50,000 shares of 5N Plus stock in a transaction that occurred on Thursday, March 15th. The shares were purchased at an average price of C$3.05 per share, for a total transaction of C$152,500.00.

Jean-Marie Bourassa also recently made the following trade(s):

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  • On Thursday, March 8th, Jean-Marie Bourassa acquired 10,700 shares of 5N Plus stock. The shares were purchased at an average price of C$2.95 per share, for a total transaction of C$31,565.00.
  • On Tuesday, March 6th, Jean-Marie Bourassa bought 119,300 shares of 5N Plus stock. The stock was bought at an average price of C$2.94 per share, for a total transaction of C$350,742.00.

VNP stock traded down C$0.04 during mid-day trading on Thursday, reaching C$2.96. The company had a trading volume of 61,710 shares, compared to its average volume of 72,627. 5N Plus has a one year low of C$1.75 and a one year high of C$3.71.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Tuesday, February 20th. The company reported C$0.05 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.03 by C$0.02. 5N Plus had a net margin of 4.23% and a return on equity of 8.71%. The business had revenue of C$66.67 million for the quarter, compared to analysts’ expectations of C$65.05 million.

Separately, Desjardins reiterated a “buy” rating and issued a C$4.00 target price on shares of 5N Plus in a research note on Friday, February 16th.

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About 5N Plus

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.

Insider Buying and Selling by Quarter for 5N Plus (TSE:VNP)

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