Arianne Phosphate Inc. (CVE:DAN – Get Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.20 and traded as high as C$0.21. Arianne Phosphate shares last traded at C$0.20, with a volume of 134,852 shares changing hands.
Arianne Phosphate Stock Performance
The company has a debt-to-equity ratio of 84.98, a quick ratio of 1.68 and a current ratio of 0.75. The company has a market cap of C$42.74 million, a PE ratio of 5.00 and a beta of 0.68. The business’s 50-day moving average is C$0.20 and its 200 day moving average is C$0.18.
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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