Amarc Resources Ltd. (CVE:AHR – Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.96 and traded as low as C$0.95. Amarc Resources shares last traded at C$0.97, with a volume of 160,610 shares traded.
Amarc Resources Price Performance
The company has a quick ratio of 2.44, a current ratio of 1.32 and a debt-to-equity ratio of 81.97. The company’s 50 day moving average is C$0.96 and its 200 day moving average is C$1.06. The firm has a market capitalization of C$218.80 million, a price-to-earnings ratio of -99.00 and a beta of 2.30.
About Amarc Resources
Amarc Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, gold, silver, and molybdenum deposits. It holds 100% interest in the IKE project covering an area of 462 square kilometers located in the Gold Bridge, south-central British Columbia; the DUKE project covering an area of 678 square kilometers located northeast of Smithers, central British Columbia; and the JOY project covering an area of 492 square kilometers located in the Toodoggone region of north-central British Columbia.
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