Arianne Phosphate Inc. (CVE:DAN – Get Free Report) shares were down 13.4% during trading on Friday . The stock traded as low as C$0.28 and last traded at C$0.29. 424,290 shares were traded during trading, an increase of 35% from the average daily volume of 314,342 shares. The stock had previously closed at C$0.34.
Arianne Phosphate Price Performance
The stock has a 50 day moving average of C$0.34 and a 200-day moving average of C$0.32. The company has a debt-to-equity ratio of 96.91, a quick ratio of 1.68 and a current ratio of 0.08. The company has a market cap of C$70.54 million, a PE ratio of 10.75 and a beta of 1.25.
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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