Amaroq Minerals (LON:AMRQ) Shares Up 4.1% – Here’s Why

Amaroq Minerals Ltd. (LON:AMRQ)’s stock price rose 4.1% during trading on Thursday . The company traded as high as GBX 81 ($1.05) and last traded at GBX 80.70 ($1.05). Approximately 551,264 shares were traded during mid-day trading, an increase of 255% from the average daily volume of 155,145 shares. The stock had previously closed at GBX 77.50 ($1.01).

Amaroq Minerals Stock Performance

The stock has a market cap of £260.30 million, a PE ratio of -1,590.00 and a beta of 0.20. The company has a debt-to-equity ratio of 25.27, a quick ratio of 9.04 and a current ratio of 1.41. The stock has a fifty day moving average price of GBX 67.43 and a 200 day moving average price of GBX 68.42.

Insider Buying and Selling at Amaroq Minerals

In other Amaroq Minerals news, insider Graham Stewart purchased 8,130 shares of Amaroq Minerals stock in a transaction on Monday, August 19th. The stock was bought at an average cost of GBX 62 ($0.80) per share, with a total value of £5,040.60 ($6,544.53). Insiders own 21.08% of the company’s stock.

Amaroq Minerals Company Profile

Amaroq Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Greenland. The company explores for gold, copper, molybdenum, graphite, platinum group elements, nickel, rare earth elements and others across South Greenland. It holds interests in eleven exploration licenses, including nalunaq, vagar, tartoq, nuna nutaaq, anoritooq, siku, saarloq, north sava, sava, stendalen, kobbermineburgt, paatasoq west, and nunarsuit covering an area of 7,615.85 square kilometers located in South Greenland.