Shares of Amarc Resources Ltd. (CVE:AHR – Get Free Report) traded down 3.1% during mid-day trading on Friday . The stock traded as low as C$0.91 and last traded at C$0.94. Approximately 29,155 shares changed hands during trading, a decline of 86% from the average session volume of 210,950 shares. The stock had previously closed at C$0.97.
Amarc Resources Trading Down 3.1%
The company has a market cap of C$211.85 million, a price-to-earnings ratio of -99.00 and a beta of 2.26. The business’s fifty day moving average price is C$0.97 and its 200 day moving average price is C$1.07. The company has a debt-to-equity ratio of 81.97, a current ratio of 1.32 and a quick ratio of 2.44.
Amarc Resources Company Profile
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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