Amarc Resources (CVE:AHR) Stock Price Down 1% – Time to Sell?

Amarc Resources Ltd. (CVE:AHR)’s stock price dropped 1% on Monday . The stock traded as low as C$1.03 and last traded at C$1.03. Approximately 51,690 shares were traded during trading, a decline of 75% from the average daily volume of 202,730 shares. The stock had previously closed at C$1.04.

Amarc Resources Price Performance

The stock’s 50 day moving average price is C$0.99 and its 200-day moving average price is C$1.02. The stock has a market capitalization of C$225.57 million, a PE ratio of 100.00 and a beta of 2.30. The company has a quick ratio of 2.44, a current ratio of 1.32 and a debt-to-equity ratio of 81.97.

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.