Added to YB: 2026-03-18
Pitch date: 2026-03-15
AMRQ.L [bullish]
Amaroq Ltd.
-6.08%
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
$783.9M
Pitch Price
$1.81
Price Target
3.45 (+103%)
Dividend
N/A
EV/EBITDA
-40.35
P/E
-38.28
EV/Sales
29.83
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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