Amaroq Minerals (LON:AMRQ) Shares Down 4.1%

Amaroq Minerals Ltd. (LON:AMRQ)’s share price dropped 4.1% on Wednesday . The stock traded as low as GBX 60 ($0.76) and last traded at GBX 61 ($0.77). Approximately 305,407 shares were traded during trading, an increase of 84% from the average daily volume of 166,407 shares. The stock had previously closed at GBX 63.60 ($0.80).

Amaroq Minerals Stock Down 4.1 %

The stock has a market cap of £199.14 million, a PE ratio of 3,550.00 and a beta of 0.20. The business has a fifty day moving average of GBX 71.58 and a 200-day moving average of GBX 73.72. The company has a debt-to-equity ratio of 56.63, a current ratio of 1.04 and a quick ratio of 9.04.

Insider Buying and Selling at Amaroq Minerals

In other news, insider David Loren Neuhauser purchased 19,500 shares of the business’s stock in a transaction dated Friday, May 17th. The shares were purchased at an average price of GBX 74 ($0.94) per share, for a total transaction of £14,430 ($18,251.96). 17.59% of the stock is currently owned by corporate insiders.

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.