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Added to YB: 2026-02-27

Pitch date: 2026-02-25

AMRQ.L [bullish]

Amaroq Ltd.

-23.42%

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

$2.22

Price Target

2.04 (+20%)

Dividend

N/A

EV/EBITDA

-40.35

P/E

-38.28

EV/Sales

29.83

Sector

Metals and Mining

Category

growth

Show full summary:
Amaroq's Rise

AMRQ.L (new position): Nalunaq ramping to 40-48k oz/yr by Q4'26 (10-12k oz Q4 at $1,250-1,450 AISC). At $5k gold = $160M annual FCF from single mine. Phase 2 flotation boosts recovery 60%→90-95%. Owner-operator model cutting costs H2. Nanoq maiden resource coming; Black Angel 2028 production. Cavendish 204p target (+77% upside). Citi-backed Main Market uplisting = institutional inflows. Critical minerals optionality (germanium/gallium/REE). CAD$27M cash, $15M net debt post-capex.

Read full article (5 min)