Added to YB: 2026-05-29
Pitch date: 2026-05-27
AMRQ.L [neutral]
Amaroq Ltd.
-3.73%
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
$838.1M
Pitch Price
$1.34
Price Target
204.00 (+15592%)
Dividend
N/A
EV/EBITDA
-78.25
P/E
-65.99
EV/Sales
19.17
Sector
Metals and Mining
Category
growth
Amaroq's Future
AMRQ.L (update): Nalunaq gold mine at 30 g/t (30x majors), drilling hit 87.6 g/t. Flotation upgrade lifts recovery 60%→90-95%. Q4 2026 target 10-12k oz at $1,250-1,450 AISC vs $5k gold = ~$40M FCF/qtr. 2026 guide 25-35k oz. Hub-and-spoke model de-risks satellites; Nanoq 30km away, Tier 1 potential. Black Angel: 44ppm germanium, 21ppm gallium (China restricted). Citi-led Main Market uplisting opens institutional access. Cavendish PT 204p vs ~£1. By 2027: multi-asset, cash-generative Arctic monopoly. No dilution expected despite net debt.
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