|Bid||4.6000 x 0|
|Ask||4.6200 x 0|
|Day's Range||4.5000 - 4.6400|
|52 Week Range||1.2500 - 5.0100|
|Beta (5Y Monthly)||1.05|
|PE Ratio (TTM)||140.00|
|Earnings Date||Feb. 24, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.56|
Shareholders in 5N Plus Inc. ( TSE:VNP ) may be thrilled to learn that the analysts have just delivered a major upgrade...
Thanks to a $118-million cash-and-stock deal to acquire Germany's Azur Space, the company will be a significant supplier in the satellite industry as it supplies the chips needed for satellites' construction and operation, Steven Ladurantaye reports.
5N Plus Inc. (TSX: VNP) ("5N Plus" or the "Company"), a leading global producer of specialty semiconductors and performance materials, today announced that it has entered into an agreement with AZUR SPACE Solar Power GmbH ("AZUR") pursuant to which 5N Plus would acquire all of the issued and outstanding shares of AZUR (the "Transaction"). The Transaction is subject to the customary closing conditions, including regulatory approvals. 5N Plus will fully integrate AZUR's workforce and will appoint Mr. Jürgen Heizmann, Managing Director of AZUR, as a member of 5N Plus's Executive Committee.