Amaroq Minerals (LON:AMRQ) Trading 1.3% Higher – What’s Next?

Amaroq Minerals Ltd. (LON:AMRQ)’s stock price rose 1.3% during trading on Friday . The company traded as high as GBX 80 ($1.01) and last traded at GBX 79 ($1.00). Approximately 78,789 shares traded hands during trading, a decline of 54% from the average daily volume of 173,032 shares. The stock had previously closed at GBX 78 ($0.98).

Amaroq Minerals Stock Up 1.3 %

The company has a market cap of £258.66 million, a P/E ratio of -1,580.00 and a beta of 0.20. The company’s 50-day moving average is GBX 72.66 and its two-hundred day moving average is GBX 68.69. The company has a debt-to-equity ratio of 25.27, a current ratio of 1.41 and a quick ratio of 9.04.

Insider Activity

In related news, insider Graham Stewart acquired 8,130 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was bought at an average cost of GBX 62 ($0.78) per share, for a total transaction of £5,040.60 ($6,352.36). Insiders own 21.08% of the company’s stock.

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.