Amarc Resources Ltd. (CVE:AHR – Get Free Report) was up 5.5% during trading on Wednesday . The stock traded as high as C$0.97 and last traded at C$0.96. Approximately 161,101 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 224,328 shares. The stock had previously closed at C$0.91.
Amarc Resources Stock Up 1.1%
The company has a market capitalization of C$214.06 million, a P/E ratio of -95.00 and a beta of 2.26. The firm’s 50 day moving average price is C$0.99 and its two-hundred day moving average price is C$1.12. 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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