Shares of Arianne Phosphate Inc. (CVE:DAN – Get Free Report) crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of C$0.34 and traded as low as C$0.30. Arianne Phosphate shares last traded at C$0.31, with a volume of 30,600 shares.
Arianne Phosphate Stock Up 1.6%
The business’s 50 day simple moving average is C$0.32 and its 200-day simple moving average is C$0.34. The company has a market cap of C$71.70 million, a price-to-earnings ratio of 31.00 and a beta of 1.31. The company has a debt-to-equity ratio of 83.45, a quick ratio of 1.68 and a current ratio of 0.24.
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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