Amarc Resources (AHR) Trading 16.7% Higher

Amarc Resources Ltd. (CVE:AHR)’s share price was up 16.7% during mid-day trading on Thursday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 120,000 shares changed hands during trading, an increase of 140% from the average daily volume of 50,025 shares. The stock had previously closed at C$0.06.

The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 205.22. The stock has a market cap of $10.24 million and a PE ratio of -5.83.

Amarc Resources (CVE:AHR) last issued its quarterly earnings results on Thursday, February 28th. The company reported C($0.01) EPS for the quarter.

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Amarc Resources Company Profile (CVE:AHR)

Amarc Resources Ltd. engages in the exploration and development of mineral properties in Canada. The company explores for copper, gold, silver, and molybdenum deposits. It focuses on developing IKE, DUKE, and JOY porphyry copper deposit projects in British Columbia. The company was formerly known as Patriot Resources Ltd.

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