Stellar debut for 5N Plus
Thursday, December 20th, 2007Just a follow-up to my previous post about Montreal-based 5N Plus and its initial public offering. The maker of purified cadmium telluride for use in solar cells, and a key supplier to First Solar, debutted on the Toronto Stock Exchange at $3.00 (Canadian) and saw its shares skyrocket 87 per cent to $5.60. It will be interesting to see whether 5N’s stock enjoys the same (or similar) climb as First Solar’s shares.
Tyler Hamilton is senior energy reporter and columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the cleantech market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.