Free Trial

Amarc Resources (CVE:AHR) Trading Down 2.7% - Here's Why

Amarc Resources logo with Basic Materials background

Amarc Resources Ltd. (CVE:AHR - Get Free Report)'s stock price dropped 2.7% during mid-day trading on Thursday . The stock traded as low as C$0.72 and last traded at C$0.72. Approximately 151,610 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 225,401 shares. The stock had previously closed at C$0.74.

Amarc Resources Stock Up 1.4%

The firm has a market capitalization of C$156.66 million, a price-to-earnings ratio of -6.25 and a beta of 0.91. The firm has a fifty day moving average price of C$0.67 and a 200 day moving average price of C$0.58. 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

(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.

See Also

Should You Invest $1,000 in Amarc Resources Right Now?

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

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines