Free Trial

Amaroq Minerals (LON:AMRQ) Trading Up 1.3% - Still a Buy?

Amaroq Minerals logo with Basic Materials background

Amaroq Minerals Ltd. (LON:AMRQ - Get Free Report) was up 1.3% on Friday . The stock traded as high as GBX 80 ($1.01) and last traded at GBX 79 ($1.00). Approximately 78,789 shares traded hands during trading, a decline of 54% from the average daily volume of 173,032 shares. The stock had previously closed at GBX 78 ($0.98).

Amaroq Minerals Stock Up 1.3 %

The company has a current ratio of 1.41, a quick ratio of 9.04 and a debt-to-equity ratio of 25.27. The stock's 50-day moving average price is GBX 72.66 and its 200-day moving average price is GBX 68.63. The company has a market cap of £258.66 million, a P/E ratio of -1,580.00 and a beta of 0.20.

Insiders Place Their Bets

In other Amaroq Minerals news, insider Graham Stewart bought 8,130 shares of the firm's stock in a transaction dated Monday, August 19th. The stock was bought at an average cost of GBX 62 ($0.78) per share, with a total value of £5,040.60 ($6,352.36). Corporate insiders own 21.08% of the company's stock.

About Amaroq Minerals

(Get Free Report)

Amaroq Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Greenland. The company explores for gold, copper, molybdenum, graphite, platinum group elements, nickel, rare earth elements and others across South Greenland. It holds interests in eleven exploration licenses, including nalunaq, vagar, tartoq, nuna nutaaq, anoritooq, siku, saarloq, north sava, sava, stendalen, kobbermineburgt, paatasoq west, and nunarsuit covering an area of 7,615.85 square kilometers located in South Greenland.

Recommended Stories

Should you invest $1,000 in Amaroq Minerals right now?

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 "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines