Amarc Resources (CVE:AHR) Stock Passes Below 50-Day Moving Average – What’s Next?

Amarc Resources Ltd. (CVE:AHRGet Free Report)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.96 and traded as low as C$0.95. Amarc Resources shares last traded at C$0.97, with a volume of 160,610 shares changing hands.

Amarc Resources Stock Performance

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 stock has a market cap of C$218.62 million, a PE ratio of -99.00 and a beta of 2.30. The business’s 50-day moving average price is C$0.96 and its 200-day moving average price is C$1.06.

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.

See Also

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.