Amarc Resources Ltd. (CVE:AHR)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 35000 shares. The stock had previously closed at C$0.05.
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 company has a market capitalization of $8.53 million and a P/E ratio of -3.75.
Amarc Resources (CVE:AHR) last issued its quarterly earnings results on Thursday, February 28th. The company reported C($0.01) earnings per share (EPS) for the quarter.
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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.
Further Reading: What is the Quick Ratio?
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