Shares of Arianne Phosphate Inc. (CVE:DAN – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.17 and traded as low as C$0.14. Arianne Phosphate shares last traded at C$0.14, with a volume of 22,767 shares.
Arianne Phosphate Stock Performance
The firm 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$27.39 million, a price-to-earnings ratio of -4.55 and a beta of 0.90. The company has a quick ratio of 1.68, a current ratio of 0.75 and a debt-to-equity ratio of 84.98.
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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