Shares of Arianne Phosphate Inc. (CVE:DAN – Get Free Report) reached a new 52-week low on Monday . The stock traded as low as C$0.14 and last traded at C$0.15, with a volume of 152700 shares trading hands. The stock had previously closed at C$0.16.
Arianne Phosphate Stock Down 6.7 %
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 stock’s fifty day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.20. The company has a market capitalization of C$28.40 million, a price-to-earnings ratio of -14.00 and a beta of 0.90.
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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