Arianne Phosphate (CVE:DAN) Trading Up 10%

Arianne Phosphate Inc. (CVE:DAN) was up 10% during mid-day trading on Friday . The company traded as high as C$0.28 and last traded at C$0.28. Approximately 139,008 shares traded hands during trading, an increase of 59% from the average daily volume of 87,649 shares. The stock had previously closed at C$0.25.

Arianne Phosphate Trading Up 14.0 %

The firm has a market capitalization of C$57.82 million, a P/E ratio of -6.13 and a beta of 1.17. The company has a debt-to-equity ratio of 62.92, a quick ratio of 1.68 and a current ratio of 1.65. The firm has a 50 day moving average price of C$0.25 and a two-hundred day moving average price of C$0.27.

Arianne Phosphate (CVE:DAN) last released its quarterly earnings data on Friday, May 24th. The company reported C($0.01) earnings per share for the quarter. On average, equities research analysts expect that Arianne Phosphate Inc. will post -0.04 EPS for the current fiscal year.

Arianne Phosphate Company Profile

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.