Amaroq Minerals Ltd. (LON:AMRQ - Get Free Report)'s share price traded down 2.2% on Friday . The company traded as low as GBX 82.55 ($1.10) and last traded at GBX 82.60 ($1.10). 76,895 shares were traded during mid-day trading, a decline of 79% from the average session volume of 373,734 shares. The stock had previously closed at GBX 84.50 ($1.12).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 125 ($1.66) price objective on shares of Amaroq Minerals in a research report on Friday, March 21st.
Read Our Latest Research Report on Amaroq Minerals
Amaroq Minerals Stock Down 2.2 %
The company has a market cap of £600.59 million, a PE ratio of -15.33 and a beta of 0.20. 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 has a fifty day simple moving average of GBX 88.32 and a 200 day simple moving average of GBX 93.25.
About Amaroq Minerals
(
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
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
