Amarc Resources Ltd. (CVE:AHR – Get Free Report) shares rose 3.8% during mid-day trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 64,863 shares were traded during trading, a decline of 2% from the average daily volume of 65,890 shares. The stock had previously closed at C$0.13.
Amarc Resources Stock Performance
The stock has a market cap of C$28.58 million, a price-to-earnings ratio of -6.75 and a beta of 0.95. The company has a debt-to-equity ratio of 39.71, a current ratio of 1.72 and a quick ratio of 2.44. The stock’s 50-day moving average is C$0.16 and its 200-day moving average is C$0.12.
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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