Canaccord Genuity Group reiterated their speculative buy rating on shares of Amaroq Minerals (LON:AMRQ - Free Report) in a report issued on Friday morning, MarketBeat reports. They currently have a GBX 125 ($1.62) price objective on the stock.
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and issued a GBX 125 ($1.62) price objective on shares of Amaroq Minerals in a research report on Monday, December 16th.
View Our Latest Analysis on AMRQ
Amaroq Minerals Stock Up 2.6 %
Shares of LON:AMRQ traded up GBX 2.45 ($0.03) during mid-day trading on Friday, hitting GBX 95.45 ($1.23). 940,989 shares of the company traded hands, compared to its average volume of 301,134. The stock has a market cap of £694.02 million, a P/E ratio of -17.71 and a beta of 0.20. The stock has a 50-day moving average price of GBX 104.05 and a two-hundred day moving average price of GBX 89.49. Amaroq Minerals has a 12-month low of GBX 56 ($0.72) and a 12-month high of GBX 121.50 ($1.57). The company has a current ratio of 0.67, a quick ratio of 9.04 and a debt-to-equity ratio of 32.09.
About Amaroq Minerals
(
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Amaroq Minerals Ltd is focused on the identification, acquisition, exploration and development of gold properties in Greenland.
The company has a portfolio of gold and strategic metal assets covering 7,615.85km2, the largest mineral portfolio in Southern Greenland covering the two known gold belts in the region.
Amaroq's principal asset is a 100% interest in the Nalunaq Project, an advanced exploration stage property with an exploitation license including the previously operating Nalunaq gold mine.
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