Arianne Phosphate (CVE:DAN) Sets New 1-Year Low – Here’s What Happened

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s share price reached a new 52-week low on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13, with a volume of 961576 shares traded. The stock had previously closed at C$0.14.

Arianne Phosphate Stock Down 3.7 %

The company has a current ratio of 0.75, a quick ratio of 1.68 and a debt-to-equity ratio of 84.98. The firm has a market capitalization of C$26.38 million, a P/E ratio of -4.39 and a beta of 0.90. The stock’s 50-day simple moving average is C$0.15 and its 200-day simple moving average is C$0.17.

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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