Amarc Resources (CVE:AHR) Shares Up 12%

Amarc Resources Ltd. (CVE:AHRGet Free Report)’s share price was up 12% during trading on Wednesday . The stock traded as high as C$0.14 and last traded at C$0.14. 114,500 shares traded hands during trading, an increase of 77% from the average daily volume of 64,737 shares. The stock had previously closed at C$0.13.

Amarc Resources Price Performance

The company has a current ratio of 1.72, a quick ratio of 2.44 and a debt-to-equity ratio of 39.71. The company has a market capitalization of C$29.64 million, a P/E ratio of -6.25 and a beta of 0.95. The firm has a fifty day moving average of C$0.14 and a 200 day moving average of C$0.13.

Amarc Resources Company Profile

(Get Free Report)

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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