Shares of Arianne Phosphate Inc. (CVE:DAN – Get Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.13 and last traded at C$0.14, with a volume of 372465 shares. The stock had previously closed at C$0.14.
Arianne Phosphate Stock Up 3.8 %
The firm has a 50 day moving average of C$0.15 and a 200-day moving average of C$0.18. The company has a debt-to-equity ratio of 77.25, a current ratio of 0.96 and a quick ratio of 1.68. The stock has a market capitalization of C$27.39 million, a P/E ratio of -13.50 and a beta of 0.90.
About Arianne Phosphate
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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