Arianne Phosphate Inc. (CVE:DAN – Get Free Report) traded down 10.7% on Friday . The stock traded as low as C$0.12 and last traded at C$0.13. 346,636 shares changed hands during trading, an increase of 184% from the average session volume of 121,854 shares. The stock had previously closed at C$0.14.
Arianne Phosphate Trading Down 7.1 %
The company has a fifty day simple moving average of C$0.15 and a two-hundred day simple moving average of 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 capitalization of C$26.38 million, a P/E ratio of -4.39 and a beta of 0.90.
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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