Amarc Resources Ltd. (CVE:AHR – Get Free Report) shot up 1.1% during mid-day trading on Thursday. The stock traded as high as C$0.94 and last traded at C$0.94. 23,400 shares changed hands during trading, a decline of 87% from the average daily volume of 174,364 shares. The stock had previously closed at C$0.93.
Amarc Resources Price Performance
The stock has a fifty day simple moving average of C$0.99 and a two-hundred day simple moving average of C$1.04. The company has a market cap of C$230.83 million, a PE ratio of 94.00 and a beta of 2.34. The company has a current ratio of 1.32, a quick ratio of 2.44 and a debt-to-equity ratio of 81.97.
About Amarc Resources
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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