5N Plus Inc. (TSE:VNP) Director Sells C$2,220,000.00 in Stock

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

5N Plus Price Performance

TSE VNP opened at C$5.28 on Friday. The business has a 50 day simple moving average of C$7.26 and a 200 day simple moving average of C$6.98. 5N Plus Inc. has a 52-week low of C$4.29 and a 52-week high of C$8.99. The company has a debt-to-equity ratio of 104.29, a quick ratio of 1.51 and a current ratio of 3.49. The stock has a market cap of C$331.44 million, a price-to-earnings ratio of 20.76, a PEG ratio of 6,283.33 and a beta of 1.55.

Wall Street Analysts Forecast Growth

VNP has been the subject of a number of recent analyst reports. Ventum Financial set a C$10.00 price target on 5N Plus and gave the company 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 note on Wednesday, December 11th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$8.60.

About 5N Plus

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.