Free Trial

Amarc Resources (CVE:AHR) Trading Down 1.1% - Should You Sell?

Amarc Resources logo with Basic Materials background
Image from MarketBeat Media, LLC.

Key Points

  • Share price down 1.1% to C$0.91 (intraday low C$0.90) with only ~26,475 shares traded — about a 90% drop in volume versus the 260,827 average; the stock sits below its 50‑day (C$1.02) and 200‑day (C$1.16) moving averages.
  • Company fundamentals: market cap ~C$205.05M, negative PE (-91) and beta 2.19, with a quick ratio of 2.44 and current ratio of 1.32 but a high debt‑to‑equity (~81.97%). Amarc is a junior explorer targeting copper, gold, silver and molybdenum across three large British Columbia projects (IKE, DUKE, JOY).
  • Interested in Amarc Resources? Here are five stocks we like better.

Amarc Resources Ltd. (CVE:AHR - Get Free Report)'s share price was down 1.1% during mid-day trading on Friday . The company traded as low as C$0.90 and last traded at C$0.91. Approximately 26,475 shares traded hands during trading, a decline of 90% from the average daily volume of 260,827 shares. The stock had previously closed at C$0.92.

Amarc Resources Trading Down 1.1%

The company has a market cap of C$205.05 million, a PE ratio of -91.00 and a beta of 2.19. The stock's 50 day moving average is C$1.02 and its 200-day moving average is C$1.16. The company has a quick ratio of 2.44, a current ratio of 1.32 and a debt-to-equity ratio of 81.97.

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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

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

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines