Amarc Resources (CVE:AHR) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

Shares of Amarc Resources Ltd. (CVE:AHRGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.96 and traded as high as C$1.03. Amarc Resources shares last traded at C$1.02, with a volume of 78,192 shares traded.

Amarc Resources Stock Down 1.0%

The company has a debt-to-equity ratio of 81.97, a current ratio of 1.32 and a quick ratio of 2.44. The business’s 50 day simple moving average is C$0.96 and its 200 day simple moving average is C$1.16. The company has a market capitalization of C$229.83 million, a PE ratio of -102.00 and a beta of 2.17.

Amarc Resources Company Profile

(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

Receive News & Ratings for Amarc Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amarc Resources and related companies with MarketBeat.com's FREE daily email newsletter.