Arianne Phosphate (CVE:DAN) Sets New 1-Year Low – Here’s What Happened

by · The Cerbat Gem

Arianne Phosphate Inc. (CVE:DAN – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.17 and last traded at C$0.18, with a volume of 3166 shares trading hands. The stock had previously closed at C$0.18.

Arianne Phosphate Stock Performance

The firm has a market cap of C$36.52 million, a price-to-earnings ratio of -17.50 and a beta of 0.90. The company has a debt-to-equity ratio of 77.25, a current ratio of 0.96 and a quick ratio of 1.68. The firm has a fifty day simple moving average of C$0.19 and a two-hundred day simple moving average of C$0.22.

Arianne Phosphate (CVE:DAN – Get Free Report) last released its earnings results on Monday, August 26th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, analysts expect that Arianne Phosphate Inc. will post -0.04 EPS for the current year.

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.

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