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Amarc Resources
(AHR)
Select Model
Select Model
Rating:52Neutral
Price Target:
C$0.97
▼(-11.01% Downside)
Action:Reiterated
Date:08/27/26
The score is driven mainly by improving recent financial momentum (positive TTM earnings and cash flow) but constrained by the company’s pre-revenue, historically volatile financial profile. Technicals are moderately supportive (above key short/mid-term averages with positive MACD), while valuation is a notable headwind given the very high P/E and no dividend yield provided.
Positive Factors
Project Monetization Model
The partnership-oriented model can let Amarc advance copper and gold properties without funding every exploration and development cost alone. Earn-ins, joint ventures, project sales, and retained royalties provide multiple routes to monetize discoveries and potentially preserve longer-term upside.
Negative Factors
No Recurring Revenue
The absence of recurring revenue means Amarc remains dependent on exploration success, transactions, partner funding, or capital markets rather than an established operating business. This makes cash generation less predictable and increases the time and execution risk required to create durable value.
Read all positive and negative factors
Positive Factors
Negative Factors
Project Monetization Model
The partnership-oriented model can let Amarc advance copper and gold properties without funding every exploration and development cost alone. Earn-ins, joint ventures, project sales, and retained royalties provide multiple routes to monetize discoveries and potentially preserve longer-term upside.
Read all positive factors
Amarc Resources (AHR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$218.80M
Dividend YieldN/A
Average Volume (3M)107.30K
Price to Earnings (P/E)170.2
Beta (1Y)2.62
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees10
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)<0.01
Shares Outstanding225,567,370
10 Day Avg. Volume92,056
30 Day Avg. Volume107,302
Financial Highlights & Ratios
PEG Ratio3.13
Price to Book (P/B)-299.72
Price to Sales (P/S)0.00
P/FCF Ratio1.10K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Amarc Resources Business Overview & Revenue Model
Company Description
Amarc Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, gold, and silver deposits. It holds 100% interest in the IKE project covering an area of 673 square kil...
How the Company Makes Money
Amarc Resources primarily aims to generate economic value by discovering and advancing mineral exploration projects and then monetizing those projects through transactions with other mining companies, rather than through producing and selling meta...
Amarc Resources Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
41
Neutral
Cash Flow
56
Neutral
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -20.18K | -20.18K | -20.18K | -20.18K | -18.49K |
| EBITDA | -807.48K | -3.54M | -13.65M | 119.31K | -160.51K |
| Net Income | -929.99K | -3.91M | -43.45K | -32.58K | -364.00K |
Balance Sheet | |||||
| Total Assets | 2.05M | 1.88M | 9.84M | 6.09M | 991.83K |
| Cash, Cash Equivalents and Short-Term Investments | 1.42M | 1.23M | 9.05M | 5.27M | 682.08K |
| Total Debt | 1.05M | 995.07K | 837.15K | 720.91K | 734.67K |
| Total Liabilities | 2.79M | 2.69M | 8.02M | 6.56M | 1.62M |
| Stockholders Equity | -742.96K | -809.72K | 1.83M | -465.44K | -628.42K |
Cash Flow | |||||
| Free Cash Flow | 202.69K | -8.73M | 1.11M | 4.81M | -237.30K |
| Operating Cash Flow | 202.69K | -8.73M | 1.11M | 4.81M | -237.30K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 1.69K | 0.00 |
| Financing Cash Flow | 31.00 | 937.97K | 2.77M | -47.86K | 300.00K |
Amarc Resources Technical Analysis
Negative
1.09
Price Trends
1.02
Negative
1.00
Negative
1.08
Negative
Market Momentum
-0.01
Positive
43.03
Neutral
13.03
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AHR, the sentiment is Negative. The current price of 1.09 is above the 20-day moving average (MA) of 1.00, above the 50-day MA of 1.02, and above the 200-day MA of 1.08, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 43.03 is Neutral, neither overbought nor oversold. The STOCH value of 13.03 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AHR.
Amarc Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$218.80M | 170.18 | 709.14% | ― | ― | ― | |
48 Neutral | C$115.31M | -3.61 | -91.69% | ― | ― | -358.10% | |
46 Neutral | C$388.45M | -51.77 | -19.18% | ― | ― | -240.00% | |
45 Neutral | C$183.89M | -8.95 | -14.32% | ― | ― | -30.11% | |
44 Neutral | C$233.69M | -10.11 | -30.37% | ― | ― | 38.22% | |
42 Neutral | C$125.12M | -4.75 | -44.11% | 72.33% | ― | -309.60% |
* General Sector Average
TSE:AHR
Amarc Resources
0.97
-0.36
-27.07%
TSE:DBG
Doubleview Gold
1.61
0.91
130.00%
TSE:TSK
Talisker Resources
1.06
-0.51
-32.48%
TSE:MMA
Midnight Sun Mining
0.52
-1.04
-66.67%
TSE:GPH
Graphite One
0.85
-0.13
-13.27%
TSE:TDG
TDG Gold
0.47
-1.09
-70.00%
Amarc Resources Corporate Events
Business Operations and StrategyExecutive/Board Changes
Amarc Resources Reshapes Finance Leadership Amid Copper-Gold Expansion
Positive
Sep 16, 2026
Amarc Resources announced that Chief Financial Officer Carol Li has stepped down for personal reasons, effective September 15, 2026, and will remain as a senior financial advisor to support continuity. Corporate Controller Braden Jensen, a Charter...
Business Operations and StrategyPrivate Placements and Financing
Amarc Resources Secures CAD$20 Million to Advance Copper-Gold Districts in BC
Positive
Aug 24, 2026
Amarc Resources has launched a CAD$20 million private placement of approximately 20 million common shares at CAD$1.00 each, largely backed by institutional investors, to fund ongoing work at its JOY District and support corporate purposes, project...
Business Operations and Strategy
Amarc’s JOY Surveys Uncover Expansive New Copper-Gold Systems Near AuRORA Discovery
Positive
Aug 12, 2026
Amarc Resources reported that ongoing IP geophysical surveys at the JOY Copper-Gold District have significantly expanded known sulphide systems and uncovered a major new target adjacent to the high-grade AuRORA porphyry gold-copper deposit. The NW...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.