Arianne Phosphate Inc. (CVE:DAN – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of C$0.34 and traded as low as C$0.27. Arianne Phosphate shares last traded at C$0.28, with a volume of 38,498 shares changing hands.
Arianne Phosphate Trading Down 6.7%
The company has a quick ratio of 1.68, a current ratio of 0.24 and a debt-to-equity ratio of 83.45. The firm’s 50 day moving average is C$0.32 and its two-hundred day moving average is C$0.34. The stock has a market cap of C$66.07 million, a price-to-earnings ratio of 28.00 and a beta of 1.46.
About Arianne Phosphate
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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