Arianne Phosphate Inc. (CVE:DAN – Get Free Report) shares shot up 14.8% on Thursday . The stock traded as high as C$0.16 and last traded at C$0.16. 103,550 shares changed hands during trading, a decline of 8% from the average session volume of 112,475 shares. The stock had previously closed at C$0.14.
Arianne Phosphate Stock Performance
The stock has a market cap of C$31.45 million, a price-to-earnings ratio of -15.50 and a beta of 0.90. The firm’s 50-day moving average is C$0.15 and its two-hundred day moving average is C$0.18. The company has a current ratio of 0.96, a quick ratio of 1.68 and a debt-to-equity ratio of 77.25.
Arianne Phosphate Company Profile
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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