Shares of Arianne Phosphate Inc. (CVE:DAN – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.42 and last traded at C$0.41, with a volume of 202032 shares. The stock had previously closed at C$0.41.
Arianne Phosphate Stock Down 4.4%
The company has a debt-to-equity ratio of 96.91, a quick ratio of 1.68 and a current ratio of 0.08. The firm has a market capitalization of C$99.44 million, a P/E ratio of 10.75 and a beta of 0.92. The stock has a fifty day moving average price of C$0.29 and a two-hundred day moving average price of C$0.24.
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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