Arianne Phosphate (CVE:DAN) Hits New 12-Month Low – Here’s What Happened

Arianne Phosphate Inc. (CVE:DANGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.13, with a volume of 40000 shares trading hands. The stock had previously closed at C$0.13.

Arianne Phosphate Stock Up 14.3 %

The company’s 50-day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.17. The firm has a market capitalization of C$32.46 million, a P/E ratio of -5.40 and a beta of 0.90. The company has a debt-to-equity ratio of 84.98, a current ratio of 0.75 and a quick ratio of 1.68.

Arianne Phosphate Company Profile

(Get Free Report)

Arianne Phosphate Inc engages in the acquisition and exploration of mining properties in Canada. It primarily focuses on developing Lac à Paul phosphate project located in the Saguenay-Lac St-Jean area, Quebec. Arianne Phosphate Inc was founded in 1997 and is headquartered in Chicoutimi, Canada.

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