Arianne Phosphate (CVE:DAN) Sets New 52-Week Low – Here’s Why

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.15 and last traded at C$0.14, with a volume of 74543 shares trading hands. The stock had previously closed at C$0.15.

Arianne Phosphate Stock Performance

The company has a market capitalization of C$26.38 million, a price-to-earnings ratio of -13.00 and a beta of 0.90. The company has a debt-to-equity ratio of 77.25, a current ratio of 0.96 and a quick ratio of 1.68. The company’s 50-day moving average price is C$0.15 and its two-hundred day moving average price is C$0.18.

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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