Arianne Phosphate (CVE:DAN) Hits New 52-Week Low – Here’s What Happened

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as C$0.17 and last traded at C$0.18, with a volume of 142456 shares traded. The stock had previously closed at C$0.18.

Arianne Phosphate Stock Performance

The company has a debt-to-equity ratio of 77.25, a quick ratio of 1.68 and a current ratio of 0.96. The firm has a market cap of C$36.52 million, a P/E ratio of -18.00 and a beta of 0.90. The business’s 50-day simple moving average is C$0.20 and its 200 day simple moving average is C$0.22.

Arianne Phosphate (CVE:DANGet Free Report) last issued its quarterly earnings results on Monday, August 26th. The company reported C($0.01) earnings per share for the quarter. As a group, equities analysts predict that Arianne Phosphate Inc. will post -0.04 earnings per share for the current year.

Arianne Phosphate Company Profile

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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.

Further Reading

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