Amarc Resources (CVE:AHR) Shares Down 1.1% – What’s Next?

Amarc Resources Ltd. (CVE:AHR)’s share price was down 1.1% during mid-day trading on Friday . The company traded as low as C$0.90 and last traded at C$0.91. Approximately 26,475 shares traded hands during trading, a decline of 90% from the average daily volume of 260,827 shares. The stock had previously closed at C$0.92.

Amarc Resources Trading Down 1.1%

The company has a market cap of C$205.05 million, a PE ratio of -91.00 and a beta of 2.19. The stock’s 50 day moving average is C$1.02 and its 200-day moving average is C$1.16. The company has a quick ratio of 2.44, a current ratio of 1.32 and a debt-to-equity ratio of 81.97.

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.