Arianne Phosphate Inc. (CVE:DAN – Get Free Report)’s share price traded down 13.4% during mid-day trading on Friday . The stock traded as low as C$0.28 and last traded at C$0.29. Approximately 424,290 shares traded hands 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 Trading Down 9.9%
The stock has a market cap of C$69.85 million, a P/E ratio of 10.75 and a beta of 1.25. The stock’s 50-day moving average is C$0.34 and its two-hundred day moving average is C$0.32. The company has a debt-to-equity ratio of 96.91, a current ratio of 0.08 and a quick ratio of 1.68.
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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