Amarc Resources Ltd. (CVE:AHR - Get Free Report) rose 92.5% during mid-day trading on Friday . The company traded as high as C$0.61 and last traded at C$0.51. Approximately 2,174,976 shares changed hands during trading, an increase of 735% from the average daily volume of 260,373 shares. The stock had previously closed at C$0.27.
Amarc Resources Price Performance
The company has a market capitalization of C$152.42 million, a PE ratio of -6.25 and a beta of 0.91. The company has a quick ratio of 2.44, a current ratio of 1.32 and a debt-to-equity ratio of 81.97. The firm's 50-day moving average is C$0.21 and its 200-day moving average is C$0.17.
About Amarc Resources
(
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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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