Amarc Resources (CVE:AHR) Reaches New 12-Month High – Should You Buy?

Shares of Amarc Resources Ltd. (CVE:AHRGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.21 and last traded at C$0.20, with a volume of 25134 shares trading hands. The stock had previously closed at C$0.20.

Amarc Resources Stock Performance

The firm has a market capitalization of C$42.34 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 business’s 50 day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.16.

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.

Further Reading

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