Arianne Phosphate Inc. (CVE:DAN – Get Rating) Director Raef Sully acquired 107,000 shares of the company's stock in a transaction on Thursday, April 27th. The stock was acquired at an average price of C$0.33 per share, for a total transaction of C$34,882.00.
Arianne Phosphate Trading Down 5.6 %
CVE DAN opened at C$0.42 on Monday. The company has a debt-to-equity ratio of 70.86, a quick ratio of 1.68 and a current ratio of 1.71. The firm has a market cap of C$81.60 million, a PE ratio of -8.40 and a beta of 0.91. Arianne Phosphate Inc. has a one year low of C$0.31 and a one year high of C$0.67. The firm's fifty day moving average is C$0.44 and its two-hundred day moving average is C$0.39.
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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 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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