Arianne Phosphate (CVE:DAN) Shares Cross Below 200 Day Moving Average – Should You Sell?

Shares of Arianne Phosphate Inc. (CVE:DANGet Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.19 and traded as low as C$0.16. Arianne Phosphate shares last traded at C$0.17, with a volume of 88,769 shares.

Arianne Phosphate Trading Up 3.0 %

The firm has a 50-day moving average of C$0.16 and a 200 day moving average of C$0.19. The company has a current ratio of 0.96, a quick ratio of 1.68 and a debt-to-equity ratio of 77.25. The stock has a market capitalization of C$34.49 million, a price-to-earnings ratio of -17.00 and a beta of 0.90.

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 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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