Shares of Arianne Phosphate Inc. (CVE:DAN – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.21 and traded as high as C$0.27. Arianne Phosphate shares last traded at C$0.26, with a volume of 243,615 shares trading hands.
Arianne Phosphate Trading Down 1.9%
The firm has a fifty day moving average of C$0.25 and a 200 day moving average of C$0.22. The firm has a market capitalization of C$54.50 million, a PE ratio of 6.38 and a beta of 0.73. The company has a debt-to-equity ratio of 21.79, a quick ratio of 1.68 and a current ratio of 0.07.
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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