Shares of Amarc Resources Ltd. (CVE:AHR – Get Free Report) shot up 92.5% during trading on Friday . The stock traded as high as C$0.61 and last traded at C$0.51. 2,174,976 shares changed hands during mid-day trading, an increase of 735% from the average session volume of 260,373 shares. The stock had previously closed at C$0.27.
Amarc Resources Price Performance
The company’s 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.17. The company has a market cap of C$152.42 million, a PE 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.
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.
Read More
- Five stocks we like better than Amarc Resources
- Overbought Stocks Explained: Should You Trade Them?
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- Manufacturing Stocks Investing
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- The 3 Best Blue-Chip Stocks to Buy Now
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for Amarc Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amarc Resources and related companies with MarketBeat.com's FREE daily email newsletter.
