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

Shares of Arianne Phosphate Inc. (CVE:DANGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as C$0.17 and last traded at C$0.17, with a volume of 48859 shares. The stock had previously closed at C$0.18.

Arianne Phosphate Trading Down 2.9 %

The company has a quick ratio of 1.68, a current ratio of 0.96 and a debt-to-equity ratio of 77.25. The business has a fifty day simple moving average of C$0.19 and a 200 day simple moving average of C$0.21. The company has a market cap of C$33.48 million, a price-to-earnings ratio of -17.00 and a beta of 0.90.

Arianne Phosphate (CVE:DANGet Free Report) last announced its quarterly earnings results on Monday, August 26th. The company reported C($0.01) earnings per share for the quarter. On average, equities analysts anticipate that Arianne Phosphate Inc. will post -0.04 EPS for the current fiscal year.

About Arianne Phosphate

(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.

Further Reading

Receive News & Ratings for Arianne Phosphate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arianne Phosphate and related companies with MarketBeat.com's FREE daily email newsletter.