Amarc Resources (CVE:AHR) Trading 1.5% Higher – What’s Next?

Amarc Resources Ltd. (CVE:AHRGet Free Report)’s stock price was up 1.5% during mid-day trading on Monday . The stock traded as high as C$0.99 and last traded at C$0.98. 54,081 shares were traded during trading, a decline of 72% from the average daily volume of 192,629 shares. The stock had previously closed at C$0.97.

Amarc Resources Stock Performance

The firm has a fifty day simple moving average of C$1.01 and a 200 day simple moving average of C$0.99. 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 stock has a market cap of C$252.93 million, a price-to-earnings ratio of 103.00 and a beta of 2.25.

About Amarc Resources

(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.

Further Reading

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