Amarc Resources (CVE:AHR) Trading Up 92.5% – Here’s What Happened

Amarc Resources Ltd. (CVE:AHRGet Free Report)’s share price traded up 92.5% during trading on Friday . The stock traded as high as C$0.61 and last traded at C$0.51. 3,495,876 shares were traded during trading, an increase of 822% from the average session volume of 379,044 shares. The stock had previously closed at C$0.27.

Amarc Resources Price Performance

The company has a 50 day moving average price of C$0.20 and a 200 day moving average price of C$0.17. 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 firm has a market cap of C$127.02 million, a PE ratio of -6.25 and a beta of 0.91.

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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