Arianne Phosphate (CVE:DAN) Sets New 52-Week Low – Should You Sell?

Arianne Phosphate Inc. (CVE:DANGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.16 and last traded at C$0.16, with a volume of 69178 shares traded. The stock had previously closed at C$0.17.

Arianne Phosphate Trading Down 6.5 %

The company has a current ratio of 0.96, a quick ratio of 1.68 and a debt-to-equity ratio of 77.25. The firm’s 50-day moving average is C$0.18 and its 200-day moving average is C$0.21. The firm has a market cap of C$29.42 million, a price-to-earnings ratio of -15.50 and a beta of 0.90.

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.

Further Reading

Receive News & Ratings for Arianne Phosphate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arianne Phosphate and related companies with MarketBeat.com's FREE daily email newsletter.