Arianne Phosphate (CVE:DAN) Sets New 12-Month Low – Here’s Why

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.14 and last traded at C$0.17, with a volume of 246798 shares traded. The stock had previously closed at C$0.17.

Arianne Phosphate Price Performance

The company has a current ratio of 0.96, a quick ratio of 1.68 and a debt-to-equity ratio of 77.25. The business’s 50 day moving average price is C$0.19 and its two-hundred day moving average price is C$0.21. The stock has a market cap of C$33.48 million, a P/E ratio of -16.50 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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