Shares of Amarc Resources Ltd. (CVE:AHR – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.23 and last traded at C$0.22, with a volume of 39144 shares changing hands. The stock had previously closed at C$0.22.
Amarc Resources Price Performance
The firm has a market cap of C$45.52 million, a PE ratio of -6.25 and a beta of 0.91. The company has a current ratio of 1.32, a quick ratio of 2.44 and a debt-to-equity ratio of 81.97. The company has a 50 day moving average price of C$0.20 and a 200 day moving average price of C$0.17.
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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