Amarc Resources Ltd. (CVE:AHR – Get Free Report)’s stock price shot up 94.3% on Friday . The company traded as high as C$0.61 and last traded at C$0.52. 1,685,576 shares were traded during mid-day trading, an increase of 652% from the average session volume of 224,193 shares. The stock had previously closed at C$0.27.
Amarc Resources Trading Up 92.5 %
The stock has a market cap of C$107.97 million, a PE ratio of -6.25 and a beta of 0.91. The company’s fifty day moving average is C$0.20 and its 200-day moving average is 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.
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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