Arianne Phosphate (CVE:DAN) Hits New 52-Week Low – Here’s Why

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.13, with a volume of 300251 shares. The stock had previously closed at C$0.14.

Arianne Phosphate Price Performance

The stock has a market capitalization of C$27.39 million, a PE ratio of -4.55 and a beta of 0.90. 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 company’s 50 day simple moving average is C$0.15 and its 200 day simple moving average is C$0.15.

About Arianne Phosphate

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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

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