Arianne Phosphate Inc. (CVE:DAN – Get Free Report) rose 10% on Friday . The company traded as high as C$0.28 and last traded at C$0.28. Approximately 139,008 shares traded hands during mid-day trading, an increase of 59% from the average daily volume of 87,649 shares. The stock had previously closed at C$0.25.
Arianne Phosphate Stock Up 14.0 %
The firm’s 50-day simple moving average is C$0.25 and its 200 day simple moving average is C$0.27. The company has a debt-to-equity ratio of 62.92, a quick ratio of 1.68 and a current ratio of 1.65. The stock has a market capitalization of C$57.82 million, a P/E ratio of -6.13 and a beta of 1.17.
Arianne Phosphate (CVE:DAN – Get Free Report) last issued its quarterly earnings results on Friday, May 24th. The company reported C($0.01) EPS for the quarter. As a group, research analysts expect that Arianne Phosphate Inc. will post -0.04 EPS for the current year.
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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