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AMRQ Amaroq Minerals Ltd.

83.50
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Amaroq Minerals Ltd. LSE:AMRQ London Ordinary Share CA02312A1066 COM SHS NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 83.50 195,747 10:27:24
Bid Price Offer Price High Price Low Price Open Price
83.00 84.00 84.00 83.50 83.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores CAD CAD -23.46M CAD -0.0585 -27.18 334.94M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:56:52 O 9,133 83.55 GBX

Amaroq Minerals (AMRQ) Latest News

Amaroq Minerals (AMRQ) Discussions and Chat

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Date Time Title Posts
15/6/202515:45Amaroq Minerals ex-AEX Gold (AEXG)212

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Amaroq Minerals (AMRQ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-06-17 14:56:5383.559,1337,630.62O
2025-06-17 14:55:5583.75800670.00O
2025-06-17 12:44:4984.00238199.92O
2025-06-17 12:44:4984.00120100.80O
2025-06-17 12:44:4984.0010.84O

Amaroq Minerals (AMRQ) Top Chat Posts

Top Posts
Posted at 17/6/2025 09:20 by Amaroq Minerals Daily Update
Amaroq Minerals Ltd. is listed in the Gold Ores sector of the London Stock Exchange with ticker AMRQ. The last closing price for Amaroq Minerals was 83.50p.
Amaroq Minerals currently has 401,120,617 shares in issue. The market capitalisation of Amaroq Minerals is £637,781,781.
Amaroq Minerals has a price to earnings ratio (PE ratio) of -27.18.
This morning AMRQ shares opened at 83.50p
Posted at 13/6/2025 10:33 by theapiarist
With a book value of £100,000 and losses of £2.5 million, I suspect that 80 mile may have been forced sellers.

AMRQ, being in a great bargaining position, may have got a good deal.

Added some first thing this am.
Posted at 13/6/2025 07:14 by scotty1
12 Jun 2025 07:00

RNS Number : 4870M
80 Mile PLC
12 June 2025



12 June 2025



Sale of Kangerluarsuk Project for up to US$2 million

80 Mile PLC ("80 Mile" or the "Company"), the AIM, FSE, and OTC listed exploration and development Company, is pleased to announce it has entered into a definitive agreement to divest its 100% interest in the Kangerluarsuk zinc-lead-silver project in Greenland to Amaroq Minerals Ltd. ("Amaroq", AIM, TSXV, NASDAQ Iceland: AMRQ), a leading Greenland-focused mining company ("Transaction")

Under the terms of the agreement, 80 Mile will receive:

· US$500,000 in Amaroq Minerals shares upon completion, and

· US$1,500,000 in cash or shares upon the discovery of an economic deposit, as defined by a JORC or NI 43-101 compliant resource that supports development.

The total consideration represents up to US$2 million of potential value to 80 Mile shareholders.

Kangerluarsuk is a high-grade carbonate-hosted zinc-lead-silver project located on Greenland's west coast, within the historic Black Angel mining district. 80 Mile identified multiple untested geophysical anomalies on the property that are consistent with the style of mineralisation that supported historical production in the district.

Amaroq Minerals is a well-capitalised and technically proficient Greenland-focused explorer and developer, and 80 Mile is confident that their team is well-placed to unlock the value of the project through systematic exploration. Amaroq have announced this purchase and a proposed fundraising of £30.0 million in the announcement which can be found at this link:

This transaction reflects 80 Mile's ongoing strategy to monetise non-core assets and focus on its priority projects, particularly the Disko-Nuussuaq nickel-copper-cobalt project, Hydrogen Valley, and the Jameson Land Basin Project. The proceeds will be directed toward advancing these core assets and further strategic initiatives.

AIM Rule 12

The Transaction is a substantial transaction for the purposes of AIM Rule 12 and the following Schedule Four disclosures are made: the book value of Kangerluarsuk was £98,195 in the unaudited results for the six months ended 30 June 2024 and the losses attributable to Kangerlursak as per the Company's audited accounts for the year ended 31 December 2023 were £2,485,947.

The Company intends to retain the shares in Amaroq for the foreseeable future and, in the event of a sale, the proceeds will be used for working capital purposes.
Posted at 20/5/2025 20:46 by someuwin
Something happening. Up 108% in Canada and Trading halted?

VANCOUVER, BC, May 20, 2025 /CNW/ - The following issues have been halted by CIRO

Company: Amaroq Minerals Ltd.

TSX-Venture Symbol: AMRQ

All Issues: Yes

Reason: Pending Company Contact
Posted at 05/3/2025 12:57 by loganair
First gold was poured in November.

By the end of 2025, the company expects to reach a steady production capacity of up to 300 tonnes of ore per day, yielding more than 4.5 kilograms of gold per day at a grade of 12-16 grams per tonne of raw mineral.

About 50,000 ounces of gold per year (assuming all goes to plan by the end of the year) - or $150 million per year in revenue.

Initially AISC will be higher but as they ramp up, even if it were as high as $1,500 initially, AMRQ will still be making $75 million+ in free cash flow every year.

And better still, the plant on site can be ramped up to 450 tonnes of ore per day - requiring only perhaps $3 million of additional equipment to make this work. Further, the AISC will fall as contractor use reduces, renewable energy solutions are put in place etc
Posted at 25/2/2025 07:52 by plasybryn
On X reposted by Ariana Resources - Otavio @TaviCostaToday, we saw a significant reversal in gold stocks amid deteriorating equity markets.I am closely monitoring these short-term bullish signals, as I believe we are on the verge of seeing the derivatives of gold prices start to perform strongly.Mining equities continue to strengthen fundamentally, and in my view, this progress will inevitably be reflected in their share prices.I cannot recall a more opportune time to mine gold than today.Gold miners have just recorded their strongest quarterly revenue growth in 15 years.Additionally, their cash flow per share has reached its highest level in 13 years.
Posted at 20/1/2025 17:22 by dudishes
plasbryn,

Nigel Somerville commented on AAU (he is losing), not AMRQ, plus usual weekly on gold price.

TW is the holder of AMRQ, his biggest holding 2nd to OPTI apparently.

Certainly a market play, but overpriced right now.

cheers
Posted at 07/1/2025 11:36 by someuwin
Trump seems determined to take over Greenland. Denmark seems intent on protecting it. Don't know how this is going to play out, but Greenland seems to be the place to be right now. Which puts AMRQ in a very strong position.
Posted at 19/12/2024 17:38 by plasybryn
Apparently according to Peel Hunt, 32pc of AIM companies with a market cap of £50m to £250m have seen their share price fall by more than 30pc in the last 12 months leaving them ripe for an approach from a buyer next year."
Posted at 17/11/2024 11:05 by waldron
AMRQ Amaroq Minerals Ltd.



Canaccord bullish on Amaroq Minerals stock as Nalunaq gold mine nears restart


Investing.com
Editor
Emilio Ghigini

Published 10/30/2024, 05:40 AM


On Wednesday, Canaccord Genuity initiated coverage on Amaroq Minerals Ltd (AMRQ:LN) stock with a Speculative Buy rating and a price target of GBP1.25.

The firm highlighted the company's focus on the high-grade Nalunaq gold mine in southern Greenland, which is nearing the completion of construction and is set to restart operations this quarter.

Amaroq Minerals is also on track to complete its Phase 1 processing plant in the fourth quarter of 2024, with the first gold pour expected by the end of the year. The company anticipates beginning the commissioning of the plant in the first half of 2025. Canaccord's analysis projects a conservative estimate of 20,000 ounces of gold production from Nalunaq in 2025, with production anticipated to increase to 43,000 ounces once the mine reaches full Phase 1 capacity in 2026.

The financial outlook for Amaroq Minerals appears positive, as the company is expected to become operating cash flow positive in 2025. Furthermore, following the completion of Phase 2 of the processing plant, Amaroq is forecasted to turn free cash flow positive in 2026. Over the past twelve months, the company has significantly restructured its finances, which is expected to contribute to a robust balance sheet throughout the commissioning period in 2025.

Canaccord's initiation of coverage with a Speculative Buy rating reflects the firm's optimism about Amaroq Minerals' prospects, particularly with the impending restart of the Nalunaq gold mine and the progression towards gold production. The price target of 125 pence underscores the potential value Canaccord sees in the company as it advances its mining operations and financial position.
Posted at 24/10/2024 10:46 by philby1
AMRQ still very much under the radar. I expect a significant rise to the share price as the market starts to wake up to the enormous potential here.
Amaroq Minerals share price data is direct from the London Stock Exchange

Amaroq Minerals Frequently Asked Questions (FAQ)

What is the current Amaroq Minerals share price?
The current share price of Amaroq Minerals is 83.50p
How many Amaroq Minerals shares are in issue?
Amaroq Minerals has 401,120,617 shares in issue
What is the market cap of Amaroq Minerals?
The market capitalisation of Amaroq Minerals is GBP 334.94M
What is the 1 year trading range for Amaroq Minerals share price?
Amaroq Minerals has traded in the range of 56.50p to 121.00p during the past year
What is the PE ratio of Amaroq Minerals?
The price to earnings ratio of Amaroq Minerals is -27.18
What is the reporting currency for Amaroq Minerals?
Amaroq Minerals reports financial results in CAD
What is the latest annual profit for Amaroq Minerals?
The latest annual profit of Amaroq Minerals is CAD -23.46M
What is the registered address of Amaroq Minerals?
The registered address for Amaroq Minerals is 100 KING STREET WEST, SUITE 3400, TORONTO, ONTARIO, M5X 1A4
What is the Amaroq Minerals website address?
The website address for Amaroq Minerals is www.amaroqminerals.com
Which industry sector does Amaroq Minerals operate in?
Amaroq Minerals operates in the GOLD ORES sector

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