Amarc Resources Ltd. (CVE:AHR - Get Free Report) shares were down 3.9% during mid-day trading on Tuesday . The company traded as low as C$0.49 and last traded at C$0.49. Approximately 37,813 shares were traded during trading, a decline of 89% from the average daily volume of 330,037 shares. The stock had previously closed at C$0.51.
Amarc Resources Stock Performance
The company has a debt-to-equity ratio of 81.97, a quick ratio of 2.44 and a current ratio of 1.32. The business's fifty day simple moving average is C$0.53 and its 200-day simple moving average is C$0.39. The firm has a market capitalization of C$107.97 million, a PE ratio of -6.25 and a beta of 0.91.
Insider Buying and Selling at Amarc Resources
In other news, Director Terrance Barry Coughlan sold 50,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of C$0.64, for a total transaction of C$32,000.00. Also, Senior Officer Trevor Thomas bought 70,000 shares of the stock in a transaction dated Monday, February 24th. The shares were purchased at an average price of C$0.71 per share, with a total value of C$49,700.00. Insiders own 35.62% of the company's stock.
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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