Amarc FY26 net loss narrows to CAD 929,987
Reuters2026/07/24 01:10By:Reuters
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- Amarc Resources posted a net loss of CAD 929,987, narrowing from CAD 3,912,888 a year earlier.
- Total other comprehensive loss fell to CAD 946,559 from CAD 3,932,389, reflecting a CAD 16,572 drop in marketable securities value.
- Cash rose to CAD 1.41 million from CAD 1.21 million, while total assets increased to CAD 2.05 million from CAD 1.88 million.
- Exploration and evaluation expense eased to CAD 19.18 million from CAD 22.58 million, while cost recoveries were largely steady at CAD 18.96 million.
- Advanced contributions received declined to CAD 529,583 from CAD 635,530, while the director’s loan climbed to CAD 1.05 million from CAD 966,304.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amarc Resources Ltd. published the original content used to generate this news brief on July 24, 2026, and is solely responsible for the information contained therein.
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