tiprankstipranks

Amarc Resources Reports Financial Results for Nine Months Ending December 2024

Story Highlights
Amarc Resources Reports Financial Results for Nine Months Ending December 2024

Amarc Resources ( (TSE:AHR) ) has provided an announcement.

Amarc Resources Ltd. released its condensed interim financial statements for the nine months ended December 31, 2024. The report highlights a significant decrease in cash and cash equivalents from $9,007,042 to $1,449,437, indicating potential liquidity challenges. The company’s total liabilities have decreased from $8,015,247 to $2,971,161, suggesting a reduction in financial obligations. However, the accumulated deficit has increased, reflecting ongoing financial pressures. These financial results may impact the company’s operational strategies and stakeholder confidence.

More about Amarc Resources

Amarc Resources Ltd. is a company based in Vancouver, British Columbia, Canada. It operates in the resource sector, focusing on the exploration and development of mineral properties.

YTD Price Performance: 150.0%

Average Trading Volume: 405,247

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$122.9M

See more data about AHR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App