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Amarc Resources (CVE:AHR) Trading 1.6% Higher - Here's Why

Amarc Resources logo with Basic Materials background

Amarc Resources Ltd. (CVE:AHR - Get Free Report) shares traded up 1.6% during mid-day trading on Tuesday . The stock traded as high as C$0.64 and last traded at C$0.64. 46,851 shares traded hands during trading, a decline of 82% from the average session volume of 263,191 shares. The stock had previously closed at C$0.63.

Amarc Resources Price Performance

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 stock has a market capitalization of C$160.89 million, a P/E ratio of -6.25 and a beta of 0.91. The company has a 50 day moving average of C$0.54 and a 200-day moving average of C$0.46.

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.

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