Amaroq Minerals Ltd. (LON:AMRQ - Get Free Report) shares traded up 4.1% during mid-day trading on Thursday . The company traded as high as GBX 81 ($1.05) and last traded at GBX 80.70 ($1.05). 551,264 shares were traded during mid-day trading, an increase of 255% from the average session volume of 155,145 shares. The stock had previously closed at GBX 77.50 ($1.01).
Amaroq Minerals Stock Performance
The company has a quick ratio of 9.04, a current ratio of 1.41 and a debt-to-equity ratio of 25.27. The company's 50-day moving average is GBX 67.43 and its 200-day moving average is GBX 68.42. The stock has a market capitalization of £260.30 million, a price-to-earnings ratio of -1,590.00 and a beta of 0.20.
Insider Activity
In other Amaroq Minerals news, insider Graham Stewart bought 8,130 shares of the business's stock in a transaction on Monday, August 19th. The stock was bought at an average price of GBX 62 ($0.80) per share, with a total value of £5,040.60 ($6,544.53). 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.
Further Reading
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
MarketBeat's analysts have just released their top five short plays for December 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
