Amarc Resources Ltd. (CVE:AHR – Get Free Report)’s stock price rose 88.7% on Friday . The stock traded as high as C$0.61 and last traded at C$0.50. Approximately 2,433,401 shares were traded during trading, an increase of 717% from the average daily volume of 297,825 shares. The stock had previously closed at C$0.27.
Amarc Resources Stock Performance
The firm’s 50 day moving average is C$0.21 and its 200-day moving average is C$0.17. The stock has a market capitalization of C$152.42 million, a price-to-earnings ratio of -6.25 and a beta of 0.91. The company has a debt-to-equity ratio of 81.97, a quick ratio of 2.44 and a current ratio of 1.32.
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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