Amarc Resources Ltd. (CVE:AHR) Director Terrance Barry Coughlan Sells 29,599 Shares

Key Points

• Terrance Barry Coughlan, a director at Amarc Resources Ltd., sold 29,599 shares of the company's stock at an average price of C$0.72, totaling C$21,311.28.
• Amarc Resources stock has a market capitalization of C$146.07 million and remained flat at C$0.69 during midday trading.
• The company's debt-to-equity ratio is 81.97 while it has a current ratio of 1.32 and a quick ratio of 2.44.
• Amarc Resources Ltd. is focused on acquisition, exploration, and development of mineral properties in Canada, targeting copper, gold, silver, and molybdenum deposits.

Amarc Resources Ltd. (CVE:AHR - ) Director Terrance Barry Coughlan sold 29,599 shares of the company's stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of C$0.72, for a total transaction of C$21,311.28.

Amarc Resources Stock Performance

Shares of CVE AHR remained flat at C$0.69 during midday trading on Friday. 67,899 shares of the stock were exchanged, compared to its average volume of 218,536. The stock has a market capitalization of C$146.07 million, a P/E ratio of -6.25 and a beta of 0.91. Amarc Resources Ltd. has a 1-year low of C$0.13 and a 1-year high of C$0.92. The company has a debt-to-equity ratio of 81.97, a current ratio of 1.32 and a quick ratio of 2.44. The stock's 50-day simple moving average is C$0.68 and its 200 day simple moving average is C$0.59.

About Amarc Resources

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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