Arianne Phosphate Inc. (CVE:DAN – Get Free Report)’s stock price traded up 15.2% during trading on Friday . The stock traded as high as C$0.27 and last traded at C$0.27. 537,248 shares were traded during trading, an increase of 103% from the average session volume of 264,252 shares. The stock had previously closed at C$0.23.
Arianne Phosphate Stock Up 10.9%
The company has a market cap of C$54.50 million, a price-to-earnings ratio of 6.38 and a beta of 0.73. The company has a debt-to-equity ratio of 21.79, a quick ratio of 1.68 and a current ratio of 0.07. The stock’s fifty day moving average is C$0.24 and its two-hundred day moving average is C$0.21.
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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