5N Plus Inc. Expected to Post FY2016 Earnings of $0.05 Per Share (VNP)

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5N Plus Inc. (TSE:VNP) – National Bank Financial decreased their FY2016 earnings per share estimates for shares of 5N Plus in a report released on Monday. National Bank Financial analyst R. Merer now forecasts that the firm will earn $0.05 per share for the year, down from their previous estimate of $0.06. National Bank Financial currently has a “Outperform” rating on the stock. National Bank Financial also issued estimates for 5N Plus’ FY2017 earnings at $0.14 EPS.
5N Plus (TSE:VNP) remained flat at $1.58 during mid-day trading on Wednesday. 87,140 shares of the stock traded hands. 5N Plus has a 52-week low of $1.00 and a 52-week high of $2.35. The company’s 50-day moving average is $1.92 and its 200 day moving average is $1.97. The firm’s market cap is $132.69 million.

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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.

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