5N Plus (VNP) has notable insider buying

5N Plus (T:VNP)

5N Plus Inc. (VNP) has a high amount of executive buying compared to its small-cap peers over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $114,891.Luc Bertrand, a Director, acquired 25,000 Common Shares on a direct ownership basis at prices ranging from $3.298 and $3.300 through the public market between May 8th, 2018 and May 9th, 2018. This represents a $82,473 investment into the company's shares and an account share holdings change of 2.3%.

Osborne, a Director, acquired 10,000 Common Shares on a direct ownership basis at prices ranging from $3.234 and $3.250 through the public market on May 10th, 2018. This represents a $32,418 investment into the company's shares and an account share holdings change of greater than 100%.

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. Its Electronic Materials segment's products are associated with various metals, such as cadmium, gallium, germanium, indium and tellurium. The Eco-Friendly Materials segment manufactures and sells refined bismuth and bismuth chemicals, low melting-point alloys, as well as refined selenium and selenium chemicals. The Company's products include products include purified metals, such as bismuth, gallium, germanium, indium, selenium and tellurium, inorganic chemicals based on such metals and compound semiconductor wafers.