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

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

The stock of Arianne Phosphate Inc (CVE:DAN) is a huge mover today! About 18,690 shares traded hands. Arianne Phosphate Inc (CVE:DAN) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 5 months negative chart setup for the $80.02M company. It was reported on Nov, 16 by Barchart.com. We have $0.69 PT which if reached, will make CVE:DAN worth $11.20M less.

Another recent and important Arianne Phosphate Inc (CVE:DAN) news was published by Reuters.com which published an article titled: “BRIEF-Arianne Phosphate extends term of 1.2 mln common share purchase warr…” on October 13, 2016.

Arianne Phosphate Inc., formerly Arianne Resources Inc., is a Canada development-stage phosphate mining company. The company has a market cap of $80.02 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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