Shares of Arianne Phosphate Inc. (CVE:DAN – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.16 and traded as high as C$0.17. Arianne Phosphate shares last traded at C$0.16, with a volume of 30,005 shares trading hands.
Arianne Phosphate Stock Up 3.1 %
The company has a debt-to-equity ratio of 84.98, a current ratio of 0.75 and a quick ratio of 1.68. The stock has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.16. The company has a market capitalization of C$33.48 million, a P/E ratio of -5.57 and a beta of 0.90.
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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