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

Canaccord Genuity Group restated their speculative buy rating on shares of Amaroq Minerals (LON:AMRQ) in a research report sent to investors on Friday morning, Marketbeat reports. They currently have a GBX 125 ($1.59) price target on the stock.

Amaroq Minerals Stock Performance

AMRQ stock opened at GBX 87 ($1.11) on Friday. The stock has a market capitalization of £284.86 million, a PE ratio of -1,720.00 and a beta of 0.20. The company has a debt-to-equity ratio of 25.27, a current ratio of 1.41 and a quick ratio of 9.04. The company has a 50 day moving average price of GBX 77.45 and a 200 day moving average price of GBX 69.13. Amaroq Minerals has a fifty-two week low of GBX 56 ($0.71) and a fifty-two week high of GBX 87 ($1.11).

About Amaroq Minerals

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.