Amaroq Minerals’ (AMRQ) Speculative Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their speculative buy rating on shares of Amaroq Minerals (LON:AMRQ) in a research report sent to investors on Monday morning, Marketbeat.com reports. The firm currently has a GBX 125 ($1.57) target price on the stock.

Amaroq Minerals Trading Up 0.7 %

AMRQ opened at GBX 101.68 ($1.28) on Monday. The company has a quick ratio of 9.04, a current ratio of 1.41 and a debt-to-equity ratio of 25.27. Amaroq Minerals has a 52 week low of GBX 56 ($0.70) and a 52 week high of GBX 103 ($1.29). The stock has a market cap of £332.90 million, a PE ratio of -2,033.50 and a beta of 0.20. The business has a 50 day moving average of GBX 82.80 and a 200-day moving average of GBX 70.81.

Amaroq Minerals Company Profile

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.