Arianne Phosphate Inc. (CVE:DAN – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.34 and traded as low as C$0.30. Arianne Phosphate shares last traded at C$0.30, with a volume of 51,287 shares trading hands.
Arianne Phosphate Price Performance
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 has a market capitalization of C$74.01 million, a PE ratio of 32.00 and a beta of 1.31. The firm’s fifty day simple moving average is C$0.32 and its 200-day simple moving average is C$0.34.
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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