Added to YB: 2026-05-18
Pitch date: 2026-05-14
AMRQ.L [bullish]
Amaroq Ltd.
-11.2%
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
$887.3M
Pitch Price
$1.50
Price Target
2.00 (+50%)
Dividend
N/A
EV/EBITDA
-45.54
P/E
-43.27
EV/Sales
33.66
Sector
Metals and Mining
Category
growth
Amaroq
AMRQ.L: Q1 rev C$18.9M from 2,970oz sold at C$4,656/oz, gross profit C$9.8M. Grades 19.9g/t beat model (vs 14-15g/t guide). Flotation circuit commissioning Q2 lifts recovery 60%→90-95%, enabling 7-10k oz H1 guide, 25-35k oz FY26. Owner-operated transition cuts H2 costs. At $5k gold, Q4 FCF ~$40M implies $160M/yr from Nalunaq alone. 22% FCF yield pre-Nanoq, Black Angel (Ge/Ga critical minerals). Citi-backed Main Market uplisting coming, US gov talks progressing on financing.
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