Arianne Phosphate Inc. (CVE:DAN – Get Free Report) shares shot up 6.8% during trading on Thursday . The company traded as high as C$0.48 and last traded at C$0.47. 217,327 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 358,268 shares. The stock had previously closed at C$0.44.
Arianne Phosphate Stock Up 2.1%
The company has a market capitalization of C$111.00 million, a P/E ratio of 10.75 and a beta of 0.92. The company has a current ratio of 0.08, a quick ratio of 1.68 and a debt-to-equity ratio of 96.91. The stock has a 50 day moving average price of C$0.34 and a 200 day moving average price of C$0.26.
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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