Amarc Resources Ltd. (CVE:AHR – Get Rating)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 1750 shares changing hands. The stock had previously closed at C$0.10.
The company has a fifty day moving average price of C$0.11 and a 200-day moving average price of C$0.11. The company has a current ratio of 1.70, a quick ratio of 1.67 and a debt-to-equity ratio of 470.23. The firm has a market capitalization of C$16.79 million and a price-to-earnings ratio of 45.00.
In other news, Director Robert Allan Dickinson sold 1,800,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 15th. The stock was sold at an average price of C$0.05, for a total transaction of C$90,000.00. Following the sale, the director now directly owns 31,555,195 shares in the company, valued at C$1,577,759.75.
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% interests 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 704 square kilometers located in northeast of Smithers, British Columbia; and the JOY project covering an area of 482 square kilometers located in the Toodoggone region of north-central British Columbia.
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