Added to YB: 2026-03-18
Pitch date: 2026-03-15
AMRQ.L [bullish]
Amaroq Ltd.
+2.21%
current return
Author Info
No bio for this author
Company Info
Amaroq Ltd. engages in the acquisition, exploration, and development of mineral properties in Greenland.
Market Cap
CAD 847.1M
Pitch Price
CAD 1.81
Price Target
3.45 (+86%)
Dividend
N/A
EV/EBITDA
-38.47
P/E
-35.40
EV/Sales
50.74
Sector
Metals and Mining
Category
value
Amaroq Ltd. - $AMRQ.L
AMRQ.L: Q4 2026 guide 10-12k oz at $1,250-1,450 AISC; at $5k gold = $3,550-3,750/oz margin = $40M FCF/qtr, $160M annualized. FY26: 30k oz = $78-81M FCF. Mkt cap £470M = 22% FCF yield on run-rate. Flotation circuit boosts recovery 60%→90-95%. US govt (EXIM) considering investment/offtake. Black Angel (Zn-Pb-Ag + Ge/Ga) 2028 start, Nanoq MRE advancing, all unpriced. Citi backing Main Market uplift. Cavendish PT 204p (+100%). 10x FCF = 230p, 15x = 345p. 2x NAV = 170p+.
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