Arianne Phosphate (CVE:DAN) Trading 18.8% Higher – What’s Next?

Arianne Phosphate Inc. (CVE:DANGet Free Report) traded up 18.8% during trading on Friday . The stock traded as high as C$0.21 and last traded at C$0.19. 718,319 shares were traded during trading, an increase of 429% from the average session volume of 135,821 shares. The stock had previously closed at C$0.16.

Arianne Phosphate Stock Up 12.5 %

The business has a fifty day moving average of C$0.15 and a 200 day moving average of C$0.17. The stock has a market capitalization of C$36.52 million, a price-to-earnings ratio of -6.07 and a beta of 0.90. The company has a debt-to-equity ratio of 84.98, a current ratio of 0.75 and a quick ratio of 1.68.

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.

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