Amarc Resources (CVE:AHR) Trading Down 1% – Time to Sell?

Amarc Resources Ltd. (CVE:AHR – Get Free Report) shares fell 1% on Monday . The company traded as low as C$1.03 and last traded at C$1.03. 51,690 shares traded hands during trading, a decline of 75% from the average session volume of 202,730 shares. The stock had previously closed at C$1.04.

Amarc Resources Stock Performance

The company has a current ratio of 1.32, a quick ratio of 2.44 and a debt-to-equity ratio of 81.97. The company has a market capitalization of C$232.33 million, a PE ratio of 103.00 and a beta of 2.30. The firm’s 50-day simple moving average is C$0.99 and its 200-day simple moving average is C$1.02.

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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