Arianne Phosphate (CVE:DAN) Sets New 52-Week Low at $0.36

Arianne Phosphate Inc (CVE:DAN) reached a new 52-week low on Monday . The company traded as low as C$0.36 and last traded at C$0.37, with a volume of 64100 shares traded. The stock had previously closed at C$0.39.

The company has a debt-to-equity ratio of 108.79, a current ratio of 0.22 and a quick ratio of 0.22. The company has a market cap of $43.46 million and a price-to-earnings ratio of -17.62. The stock has a 50 day simple moving average of C$0.44 and a two-hundred day simple moving average of C$0.48.

Arianne Phosphate (CVE:DAN) last posted its earnings results on Thursday, August 29th. The company reported C($0.01) EPS for the quarter.

Arianne Phosphate Company Profile (CVE:DAN)

Arianne Phosphate Inc engages in the acquisition and exploration of mining properties in Canada. It primarily focuses on developing Lac à Paul phosphate rock project located in the Saguenay-Lac St-Jean area, Quebec. The company was formerly known as Arianne Resources Inc and changed its name to Arianne Phosphate Inc in June 2013.

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