Arianne Phosphate Inc. (CVE:DAN – Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13, with a volume of 961576 shares changing hands. The stock had previously closed at C$0.14.
Arianne Phosphate Stock Performance
The company has a debt-to-equity ratio of 84.98, a quick ratio of 1.68 and a current ratio of 0.75. The company has a market cap of C$26.38 million, a price-to-earnings ratio of -4.39 and a beta of 0.90. The company’s fifty day moving average is C$0.15 and its two-hundred day moving average is C$0.17.
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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