Amarc Resources (CVE:AHR) Shares Down 3.1% – Here’s What Happened

Amarc Resources Ltd. (CVE:AHRGet Free Report)’s stock price traded down 3.1% on Friday . The company traded as low as C$0.91 and last traded at C$0.94. 29,155 shares changed hands during trading, a decline of 86% from the average session volume of 210,950 shares. The stock had previously closed at C$0.97.

Amarc Resources Trading Down 3.1%

The stock has a market cap of C$211.85 million, a P/E ratio of -99.00 and a beta of 2.26. The company has a debt-to-equity ratio of 81.97, a quick ratio of 2.44 and a current ratio of 1.32. The firm’s fifty day simple moving average is C$0.97 and its 200-day simple moving average is C$1.07.

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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