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

by · The Cerbat Gem

Shares of Arianne Phosphate Inc. (CVE:DAN – Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as C$0.17 and last traded at C$0.17, with a volume of 48859 shares. The stock had previously closed at C$0.18.

Arianne Phosphate Trading Down 2.9 %

The company has a quick ratio of 1.68, a current ratio of 0.96 and a debt-to-equity ratio of 77.25. The business has a fifty day simple moving average of C$0.19 and a 200 day simple moving average of C$0.21. The company has a market cap of C$33.48 million, a price-to-earnings ratio of -17.00 and a beta of 0.90.

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

About Arianne Phosphate

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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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