Amarc Resources Ltd. (CVE:AHR – Get Free Report) was up 1.1% during mid-day trading on Thursday. The company traded as high as C$0.94 and last traded at C$0.94. 23,400 shares were traded during trading, a decline of 87% from the average daily volume of 174,364 shares. The stock had previously closed at C$0.93.
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 stock has a fifty day moving average of C$0.99 and a 200-day moving average of C$1.04. The stock has a market capitalization of C$230.83 million, a price-to-earnings ratio of 94.00 and a beta of 2.34.
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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