Amarc Resources Ltd. (CVE:AHR - Get Free Report) was down 8.5% during trading on Tuesday . The company traded as low as C$0.64 and last traded at C$0.65. Approximately 596,571 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 716,841 shares. The stock had previously closed at C$0.71.
The stock has a market capitalization of C$139.72 million, a PE ratio of -6.25 and a beta of 0.91. The company's 50 day moving average price is C$0.22 and its two-hundred day moving average price is C$0.18. The company has a debt-to-equity ratio of 81.97, a current ratio of 1.32 and a quick ratio of 2.44.
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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