Amarc Resources Ltd. (CVE:AHR – Get Free Report) traded up 22.2% on Monday . The stock traded as high as C$0.92 and last traded at C$0.88. 2,497,901 shares traded hands during mid-day trading, an increase of 287% from the average session volume of 645,049 shares. The stock had previously closed at C$0.72.
Amarc Resources Price Performance
The company has a debt-to-equity ratio of 81.97, a current ratio of 1.32 and a quick ratio of 2.44. The company has a 50-day simple moving average of C$0.23 and a two-hundred day simple moving average of C$0.18. The stock has a market capitalization of C$131.25 million, a price-to-earnings ratio of -6.25 and a beta of 0.91.
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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