Shares of Amarc Resources Ltd. (CVE:AHR – Get Free Report) traded up 9.4% during mid-day trading on Wednesday . The company traded as high as C$0.18 and last traded at C$0.18. 198,800 shares were traded during trading, an increase of 213% from the average session volume of 63,567 shares. The stock had previously closed at C$0.16.
Amarc Resources Trading Up 9.4 %
The company has a fifty day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.14. The stock has a market capitalization of C$37.05 million, a P/E ratio of -6.25 and a beta of 0.88. The company has a quick ratio of 2.44, a current ratio of 1.32 and a debt-to-equity ratio of 81.97.
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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