Arianne Phosphate (CVE:DAN) Reaches New 1-Year Low – Here’s What Happened

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as C$0.14 and last traded at C$0.15, with a volume of 10835 shares trading hands. The stock had previously closed at C$0.14.

Arianne Phosphate Price Performance

The stock has a market cap of C$27.39 million, a price-to-earnings ratio of -13.50 and a beta of 0.90. The stock’s 50 day moving average price is C$0.17 and its two-hundred day moving average price is C$0.20. The company has a quick ratio of 1.68, a current ratio of 0.96 and a debt-to-equity ratio of 77.25.

About Arianne Phosphate

(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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