Shares of Amarc Resources Ltd. (CVE:AHR – Get Free Report) fell 2.9% during trading on Tuesday. The stock traded as low as C$0.97 and last traded at C$1.00. Approximately 126,793 shares changed hands during trading, a decline of 31% from the average session volume of 184,786 shares. The stock had previously closed at C$1.03.
Amarc Resources Stock Up 3.2%
The company has a market cap of C$240.66 million, a P/E ratio of 98.00 and a beta of 2.38. The company has a quick ratio of 2.44, a current ratio of 1.32 and a debt-to-equity ratio of 81.97. The firm has a fifty day moving average price of C$1.02 and a 200 day moving average price of C$0.99.
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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