Amaroq Minerals Ltd. (LON:AMRQ - Get Free Report) fell 0.5% during mid-day trading on Friday . The company traded as low as GBX 102.11 ($1.29) and last traded at GBX 103.48 ($1.31). 37,591 shares were traded during mid-day trading, a decline of 85% from the average session volume of 256,566 shares. The stock had previously closed at GBX 104 ($1.31).
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on AMRQ. Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 125 ($1.58) price objective on shares of Amaroq Minerals in a report on Monday, December 16th. Canaccord Genuity Group restated a "speculative buy" rating and set a GBX 125 ($1.58) price target on shares of Amaroq Minerals in a report on Monday, December 16th.
Get Our Latest Stock Analysis on Amaroq Minerals
Amaroq Minerals Trading Down 0.5 %
The company has a debt-to-equity ratio of 32.09, a quick ratio of 9.04 and a current ratio of 0.67. The firm's fifty day simple moving average is GBX 107.87 and its 200-day simple moving average is GBX 84.62. The stock has a market cap of £752.41 million, a P/E ratio of -19.20 and a beta of 0.20.
Amaroq Minerals Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Amaroq Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amaroq Minerals wasn't on the list.
While Amaroq Minerals currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
