Arianne Phosphate Inc. (CVE:DAN – Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.27 and traded as high as C$0.29. Arianne Phosphate shares last traded at C$0.29, with a volume of 21,850 shares changing hands.
Arianne Phosphate Price Performance
The stock has a 50-day moving average price of C$0.29 and a two-hundred day moving average price of C$0.27. The stock has a market cap of C$56.09 million, a price-to-earnings ratio of -7.13 and a beta of 1.18. The company has a current ratio of 1.77, a quick ratio of 1.68 and a debt-to-equity ratio of 75.60.
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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