Amarc Resources (CVE:AHR) Sets New 12-Month High – Still a Buy?

Amarc Resources Ltd. (CVE:AHRGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.20 and last traded at C$0.20, with a volume of 78000 shares. The stock had previously closed at C$0.19.

Amarc Resources Price Performance

The firm has a market capitalization of C$41.28 million, a P/E ratio of -6.25 and a beta of 0.91. The company has a debt-to-equity ratio of 81.97, a quick ratio of 2.44 and a current ratio of 1.32. The company has a 50-day moving average price of C$0.18 and a 200-day moving average price of C$0.15.

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.

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