Stock Weekly: Arianne Phosphate (DAN:27.0c) unchanged on firm volume
CANADIAN WEEKLY STOCK REPORT
Arianne Phosphate Inc. (TSXV:DAN), Canada's 370th largest Metals & mining company by market cap, closed unchanged at 27.0c for the week ending Friday February 19. Compared with the S&P/TSX 60 Index which fell 2.3 points (or 0.2%) in the week, this represented a relative price increase of 0.2%.
The price ranged between a low of 26.0c on Feb 11 and a high of 28.0c on Feb 17.
The volume was 1.3 times average trading per week of 263,304 shares.
Friday's price dropArianne Phosphate falls for a second consecutive day, a two-day fall of 5.3%Arianne Phosphate Inc. fallen 0.50c (1.8%) for a second consecutive day on Friday. This brought its two-day fall to 1.50c (5.3%), compared with the S&P/TSX 60 Index which rose 1.2 points (0.1%) in the two days for a relative price change of -5.4%. The stock last traded at 27.0c. Cumulative volume in the 2 days was 0.8 times the average 2-day volume of 65,826 shares. There were 37,922 shares worth CAD10,239 ($8,068) traded today...