Risk factor
Poor trading liquidity
Profitability factor
Favourable analyst view
About
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. The company was formerly known as AEX Gold Inc. and changed its name to Amaroq Minerals Ltd. in July 2022. Amaroq Minerals Ltd. was incorporated in 2017 and is headquartered in Toronto, Canada.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is overpriced on P/E.
Target Price
The average target price of AMRQ.L is 175 and suggests 79% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre
