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Amarc Resources (CVE:AHR) Sets New 52-Week High - Here's Why

Amarc Resources logo with Basic Materials background

Amarc Resources Ltd. (CVE:AHR - Get Free Report)'s share price hit a new 52-week high on Tuesday . The company traded as high as C$0.23 and last traded at C$0.23, with a volume of 30500 shares changing hands. The stock had previously closed at C$0.23.

Amarc Resources Trading Up 8.9 %

The company has a market cap of C$51.87 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 current ratio of 1.32 and a quick ratio of 2.44. The company has a 50-day moving average of C$0.20 and a 200 day moving average of C$0.17.

About Amarc Resources

(Get Free Report)

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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