Arianne Phosphate (CVE:DAN) Sets New 12-Month High – Here’s Why

Arianne Phosphate Inc. (CVE:DANGet Free Report)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.40 and last traded at C$0.38, with a volume of 739696 shares traded. The stock had previously closed at C$0.31.

Arianne Phosphate Stock Performance

The stock has a market cap of C$86.55 million, a PE ratio of 10.13 and a beta of 0.78. The company has a quick ratio of 1.68, a current ratio of 0.07 and a debt-to-equity ratio of 21.79. The stock has a 50-day moving average of C$0.26 and a 200 day moving average of C$0.23.

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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