Arianne Phosphate Inc. (CVE:DAN – Get Free Report) was up 6.8% during mid-day trading on Thursday . The stock traded as high as C$0.48 and last traded at C$0.47. Approximately 217,327 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 358,268 shares. The stock had previously closed at C$0.44.
Arianne Phosphate Stock Up 6.8%
The firm has a 50 day moving average price of C$0.33 and a two-hundred day moving average price of C$0.26. The company has a quick ratio of 1.68, a current ratio of 0.08 and a debt-to-equity ratio of 96.91. The company has a market capitalization of C$108.69 million, a price-to-earnings ratio of 10.75 and a beta of 0.92.
Arianne Phosphate Company Profile
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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