Arianne Phosphate (CVE:DAN) Reaches New 52-Week Low – Should You Sell?

Arianne Phosphate Inc. (CVE:DANGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.13, with a volume of 40000 shares trading hands. The stock had previously closed at C$0.13.

Arianne Phosphate Trading Up 14.3 %

The firm’s 50 day moving average is C$0.15 and its 200 day moving average is C$0.17. The company has a debt-to-equity ratio of 84.98, a current ratio of 0.75 and a quick ratio of 1.68. The company has a market cap of C$32.46 million, a PE ratio of -5.40 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.

Read More

Receive News & Ratings for Arianne Phosphate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arianne Phosphate and related companies with MarketBeat.com's FREE daily email newsletter.