Amarc Resources Ltd. (CVE:AHR - Get Free Report) traded down 21.4% on Tuesday . The company traded as low as C$0.42 and last traded at C$0.44. 424,152 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 522,478 shares. The stock had previously closed at C$0.56.
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 stock has a 50 day moving average price of C$0.51 and a two-hundred day moving average price of C$0.29. The firm has a market capitalization of C$93.15 million, a price-to-earnings ratio of -6.25 and a beta of 0.91.
Insider Buying and Selling
In related news, Senior Officer Trevor Thomas bought 70,000 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average cost of C$0.71 per share, with a total value of C$49,700.00. Also, Director Diane Samantha Nicolson sold 75,000 shares of the company's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of C$0.57, for a total value of C$42,945.00. Insiders sold 148,500 shares of company stock valued at $91,395 in the last three months. 35.62% of the stock is owned by corporate insiders.
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Amarc Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amarc Resources wasn't on the list.
While Amarc Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
