Arianne Phosphate Inc. (CVE:DAN – Get Free Report) was down 10.7% on Friday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 155,000 shares traded hands during trading, an increase of 28% from the average daily volume of 121,039 shares. The stock had previously closed at C$0.14.
Arianne Phosphate Stock Down 7.1 %
The stock has a 50-day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.17. The company has a quick ratio of 1.68, a current ratio of 0.75 and a debt-to-equity ratio of 84.98. The firm has a market cap of C$26.38 million, a PE ratio of -4.39 and a beta of 0.90.
Arianne Phosphate Company Profile
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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