Amarc Resources Ltd. (CVE:AHR – Get Free Report)’s share price shot up 1.5% on Monday . The stock traded as high as C$0.99 and last traded at C$0.98. Approximately 54,081 shares changed hands during trading, a decline of 72% from the average daily volume of 192,629 shares. The stock had previously closed at C$0.97.
Amarc Resources Stock Performance
The stock has a market capitalization of C$241.88 million, a PE ratio of 98.50 and a beta of 2.25. 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 firm has a 50 day moving average price of C$1.01 and a 200-day moving average price of C$0.99.
Amarc Resources Company Profile
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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