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

Arianne Phosphate Inc. (CVE:DANGet Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.14, with a volume of 77748 shares trading hands. The stock had previously closed at C$0.14.

Arianne Phosphate Stock Performance

The company has a market capitalization of C$28.40 million, a P/E ratio of -4.72 and a beta of 0.90. The company has a debt-to-equity ratio of 84.98, a quick ratio of 1.68 and a current ratio of 0.75. The business’s fifty 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.

Further Reading

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