Arianne Phosphate (CVE:DAN) Reaches New 12-Month Low – Here’s What Happened

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.16 and last traded at C$0.17, with a volume of 46500 shares traded. The stock had previously closed at C$0.17.

Arianne Phosphate Stock Performance

The firm has a market cap of C$33.48 million, a PE ratio of -16.50 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 company’s 50 day moving average price is C$0.19 and its 200 day moving average price is C$0.22.

Arianne Phosphate (CVE:DANGet Free Report) last released its earnings results on Monday, August 26th. The company reported C($0.01) EPS for the quarter. As a group, analysts forecast that Arianne Phosphate Inc. will post -0.04 EPS for the current fiscal 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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