Arianne Phosphate (CVE:DAN) Trading Up 22.2% – Still a Buy?

Arianne Phosphate Inc. (CVE:DANGet Free Report) traded up 22.2% during trading on Thursday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 271,290 shares changed hands during trading, an increase of 128% from the average daily volume of 118,926 shares. The stock had previously closed at C$0.14.

Arianne Phosphate Stock Performance

The stock has a market capitalization of C$33.48 million, a P/E ratio of -16.50 and a beta of 0.90. The stock has a 50 day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.18. The company has a quick ratio of 1.68, a current ratio of 0.96 and a debt-to-equity ratio of 77.25.

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 Ă  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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