Arianne Phosphate (CVE:DAN) Reaches New 1-Year Low – Time to Sell?

Arianne Phosphate Inc. (CVE:DANGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.13 and last traded at C$0.14, with a volume of 372465 shares trading hands. The stock had previously closed at C$0.14.

Arianne Phosphate Stock Up 3.8 %

The business has a 50 day simple moving average of C$0.15 and a 200 day simple 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 cap of C$27.39 million, a PE ratio of -13.50 and a beta of 0.90.

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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