Amarc Resources (CVE:AHR) Trading Down 16.7%

Amarc Resources Ltd. (CVE:AHR)’s stock price fell 16.7% during mid-day trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05, 16,500 shares were traded during mid-day trading. A decline of 62% from the average session volume of 43,489 shares. The stock had previously closed at C$0.06.

The company has a debt-to-equity ratio of 205.22, a current ratio of 0.47 and a quick ratio of 0.47. The stock has a fifty day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05. The company has a market cap of $8.53 million and a P/E ratio of -4.55.

About Amarc Resources (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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