Arianne Phosphate (CVE:DAN) Trading Up 22.2% – Here’s What Happened

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s stock price traded up 22.2% on Thursday . The stock traded as high as C$0.17 and last traded at C$0.17. 271,290 shares were traded during 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 current ratio of 0.96, a quick ratio of 1.68 and a debt-to-equity ratio of 77.25. The company has a fifty day moving average price of C$0.15 and a two-hundred day moving average price of C$0.18. The firm has a market cap of C$33.48 million, a P/E ratio of -16.50 and a beta of 0.90.

About Arianne Phosphate

(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.

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