Arianne Phosphate (CVE:DAN) Sets New 12-Month Low – Here’s What Happened

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s share price hit a new 52-week low during trading on Monday . The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 28657 shares. The stock had previously closed at C$0.14.

Arianne Phosphate Stock Up 3.7 %

The company has a 50-day moving average of C$0.17 and a two-hundred day moving average of C$0.20. The company has a debt-to-equity ratio of 77.25, a current ratio of 0.96 and a quick ratio of 1.68. The company has a market capitalization of C$28.40 million, a PE ratio of -14.00 and a beta of 0.90.

About Arianne Phosphate

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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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