Amaroq Minerals Ltd. (LON:AMRQ - Get Free Report)'s share price dropped 0.6% on Monday . The company traded as low as GBX 83.25 ($1.12) and last traded at GBX 83.50 ($1.12). Approximately 1,066,329 shares traded hands during mid-day trading, an increase of 157% from the average daily volume of 414,744 shares. The stock had previously closed at GBX 84 ($1.13).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and set a GBX 125 ($1.68) price target on shares of Amaroq Minerals in a report on Friday, March 21st.
Read Our Latest Research Report on Amaroq Minerals
Amaroq Minerals Stock Down 0.5%
The firm has a market cap of £586.05 million, a P/E ratio of -14.96 and a beta of 0.20. The stock's fifty day moving average is GBX 86.09 and its two-hundred day moving average is GBX 94.74. 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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