Arianne Phosphate (CVE:DAN) Trading 22.2% Higher – What’s Next?

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s stock price traded up 22.2% during trading on Thursday . The company traded as high as C$0.17 and last traded at C$0.17. 271,290 shares were traded during mid-day trading, an increase of 128% from the average session volume of 118,926 shares. The stock had previously closed at C$0.14.

Arianne Phosphate Price Performance

The company has a market cap of C$31.45 million, a P/E ratio of -15.50 and a beta of 0.90. The business’s fifty day moving average is C$0.15 and its 200 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

(Get Free Report)

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

Receive News & Ratings for Arianne Phosphate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arianne Phosphate and related companies with MarketBeat.com's FREE daily email newsletter.