Amaroq Minerals (LON:AMRQ) Trading 2.5% Higher – Still a Buy?

Posted by Defense World Staff on Mar 11th, 2026

Shares of Amaroq Minerals Ltd. (LON:AMRQ – Get Free Report) were up 2.5% during trading on Tuesday . The stock traded as high as GBX 110 and last traded at GBX 107.10. Approximately 444,903 shares changed hands during trading, a decline of 59% from the average daily volume of 1,088,225 shares. The stock had previously closed at GBX 104.50.

Wall Street Analysts Forecast Growth

AMRQ has been the topic of a number of research reports. Panmure Gordon restated a “buy” rating and issued a GBX 125 target price on shares of Amaroq Minerals in a report on Wednesday, November 19th. Canaccord Genuity Group increased their price target on shares of Amaroq Minerals from GBX 120 to GBX 150 and gave the company a “speculative buy” rating in a report on Thursday, January 15th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 137.50.

Check Out Our Latest Analysis on AMRQ

Amaroq Minerals Stock Up 2.5%

The company has a fifty day moving average of GBX 119.52 and a two-hundred day moving average of GBX 97.06. The company has a market cap of £498.49 million, a PE ratio of -21.00 and a beta of 0.20. The company has a debt-to-equity ratio of 0.13, a quick ratio of 9.04 and a current ratio of 1.56.

Insider Buying and Selling

In other Amaroq Minerals news, insider Eldur Ólafsson sold 476,442 shares of the business’s stock in a transaction on Monday, February 16th. The shares were sold at an average price of GBX 11, for a total transaction of £52,408.62. 7.99% of the stock is owned by insiders.

About Amaroq Minerals

(Get Free Report)

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.