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Amarc Resources ( (TSE:AHR) ) just unveiled an update.
Amarc Resources has confirmed that Boliden Mineral Canada will maintain a 60% stake in the DUKE copper-gold district under a newly formed joint venture, after investing $30 million and choosing not to increase its interest to 70%. The partners, with Amarc remaining as operator, will co-fund future exploration on a 60/40 basis or face dilution, with a 2026 program being planned to test multiple targets across the 732 sq km district.
The DUKE District, located near historical Babine-region copper-gold mines and adjacent to American Eagle’s NAK deposit, has seen extensive geophysical, geochemical and drilling work that has significantly expanded the known DUKE porphyry system. Recent drilling highlights underscore the deposit’s scale and potential for further growth, reinforcing the area’s prospects as an emerging British Columbia copper-gold district of interest to major and mid-tier producers.
The most recent analyst rating on (TSE:AHR) stock is a Sell with a C$0.82 price target. To see the full list of analyst forecasts on Amarc Resources stock, see the TSE:AHR Stock Forecast page.
Spark’s Take on AHR Stock
According to Spark, TipRanks’ AI Analyst, AHR is a Neutral.
The score is driven primarily by weak financial performance (no sustained revenue base, recurring losses, negative equity, and worsening cash burn in 2025). Technicals also detract due to a clear downtrend and negative momentum, while valuation is not supportive because earnings are negative and no dividend yield is available.
To see Spark’s full report on AHR stock, click here.
More about Amarc Resources
Amarc Resources is a mineral exploration company focused on discovering and advancing copper-gold and related porphyry deposits in British Columbia. Its portfolio includes the DUKE District in the Babine Region, where existing infrastructure and a history of past-producing mines support ongoing large-scale exploration activity.
Average Trading Volume: 301,135
Technical Sentiment Signal: Buy
Current Market Cap: C$216.3M
Learn more about AHR stock on TipRanks’ Stock Analysis page.