had its target price upped by analysts at Canaccord Genuity Group from GBX 110 to GBX 120 in a research report issued to clients and investors on Wednesday,
Digital Look reports. The firm presently has a "speculative buy" rating on the stock. Canaccord Genuity Group's price objective would indicate a potential upside of 69.25% from the company's current price.
Amaroq Minerals Price Performance
Shares of LON AMRQ traded down GBX 1.10 during midday trading on Wednesday, hitting GBX 70.90. The stock had a trading volume of 367,489 shares, compared to its average volume of 444,669. The company has a market capitalization of £321.96 million, a PE ratio of -854.22 and a beta of 0.20. The stock has a 50 day simple moving average of GBX 70.86 and a 200-day simple moving average of GBX 79.42. Amaroq Minerals has a 1 year low of GBX 60 and a 1 year high of GBX 121.50. The company has a quick ratio of 9.04, a current ratio of 0.67 and a debt-to-equity ratio of 32.09.
About Amaroq Minerals
(
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Amaroq's principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The Company's principal asset is a 100% interest in the Nalunaq Gold mine. The Company has a portfolio of gold and strategic metal assets in Southern Greenland covering the two known gold belts in the region as well as advanced exploration projects at Stendalen and the Sava Copper Belt exploring for Strategic metals such as Copper, Nickel, Rare Earths and other minerals.
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