Amaroq Minerals (LON:AMRQ) Stock Price Up 0.7% – What’s Next?

Amaroq Minerals Ltd. (LON:AMRQ)’s stock price traded up 0.7% on Monday . The company traded as high as GBX 76 ($1.01) and last traded at GBX 75.50 ($1.00). 727,412 shares traded hands during trading, an increase of 75% from the average session volume of 414,743 shares. The stock had previously closed at GBX 75 ($1.00).

Amaroq Minerals Stock Performance

The business has a fifty day moving average of GBX 80.47 and a 200-day moving average of GBX 89. 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 company has a market capitalization of £545.33 million, a P/E ratio of -13.92 and a beta of 0.20.

About Amaroq Minerals

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.