Could Arianne Phosphate Inc See a Reversal After This Very Strong Session?

 Could Arianne Phosphate Inc See a Reversal After This Very Strong Session?

The stock of Arianne Phosphate Inc (CVE:DAN) is a huge mover today! About 22,610 shares traded hands. Arianne Phosphate Inc (CVE:DAN) has risen 6.00% since October 16, 2016 and is uptrending. It has outperformed by 2.07% the S&P500.
The move comes after 6 months positive chart setup for the $76.39M company. It was reported on Nov, 15 by Barchart.com. We have $2.20 PT which if reached, will make CVE:DAN worth $126.04M more.

More news for Arianne Phosphate Inc (CVE:DAN) were recently published by: Reuters.com, which released: “BRIEF-Arianne Phosphate extends term of 1.2 mln common share purchase warr…” on October 13, 2016. Midasletter.com‘s article titled: “Arianne Phosphate is a Takeout Target” and published on October 29, 2013 is yet another important article.

Arianne Phosphate Inc., formerly Arianne Resources Inc., is a Canada development-stage phosphate mining company. The company has a market cap of $76.39 million. The Firm is engaged in the acquisition and exploration of mining properties in Quebec, Canada. It currently has negative earnings. The Firm operates through the segment of acquisition, exploration and development of mining properties.

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