AMRQF
AMAROQ LTD.
Price Chart
Latest Quote
$1.76
Current Price| Previous Close | $1.86 |
| Open | $1.86 |
| Day High | $1.86 |
| Day Low | $1.73 |
| Volume | 40,391 |
Stock Information
Note: Financial values converted from CAD to USD
| Shares Outstanding | 463.65M |
| Total Debt | $31.44M |
| Cash Equivalents | $46.68M |
| Revenue | $11.92M |
| Net Income | $-15.24M |
| Sector | Basic Materials |
| Industry | Gold |
| Market Cap | $816.02M |
| EPS (TTM) | $-0.04 |
| Exchange | OQX |
📊 Custom Metrics & Score
Score: 16/42| Debt to Equity | 0.15 |
| Debt to Earnings | -1.25 |
| Current Ratio | 1.40 |
| Quick Ratio | 0.97 |
| Return on Equity | -11.66% |
| Avg FCF Growth | 60.94% |
| FCF Yield | -14.39% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $1.73 | 234,261 |
| 2026-01-30 | $1.85 | 461,501 |
| 2026-01-29 | $2.02 | 548,346 |
| 2026-01-28 | $2.04 | 211,349 |
| 2026-01-27 | $1.91 | 396,963 |
| 2026-01-26 | $1.96 | 811,789 |
| 2026-01-23 | $2.12 | 990,599 |
| 2026-01-22 | $1.77 | 554,828 |
| 2026-01-21 | $1.70 | 635,244 |
| 2026-01-20 | $1.68 | 713,965 |
| 2026-01-16 | $1.74 | 588,622 |
| 2026-01-15 | $1.56 | 466,392 |
| 2026-01-14 | $1.54 | 441,684 |
| 2026-01-13 | $1.60 | 705,046 |
| 2026-01-12 | $1.73 | 1,171,486 |
| 2026-01-09 | $1.64 | 584,526 |
| 2026-01-08 | $1.64 | 942,129 |
| 2026-01-07 | $1.40 | 123,035 |
| 2026-01-06 | $1.39 | 31,884 |
| 2026-01-05 | $1.49 | 49,001 |
About AMAROQ LTD.
Amaroq 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. Its flagship asset is the 100% owned Nalunaq Gold mine located on northeast of Nanortalik, Greenland. The company was formerly known as Amaroq Minerals Ltd. and changed its name to Amaroq Ltd. in July 2025. Amaroq Ltd. was incorporated in 2017 and is headquartered in Toronto, Canada.
📰 Latest News
A Look At Amaroq’s Valuation After Promising Minturn Iron Oxide Exploration Results
Simply Wall St. • 2026-01-29T11:13:08Z
Assessing Amaroq’s Valuation After Nalunaq Production Exceeds Midpoint Guidance
Simply Wall St. • 2026-01-14T10:10:48Z
Amaroq (TSXV:AMRQ) Is Up 11.7% After US Investment Talks On Greenland Projects - Has The Bull Case Changed?
Simply Wall St. • 2026-01-12T09:09:15Z
Institutions own 24% of Amaroq Ltd. (CVE:AMRQ) shares but retail investors control 55% of the company
Simply Wall St. • 2025-11-30T14:19:45Z
Amaroq Ltd (AMRQF) Q3 2025 Earnings Call Highlights: Strong Gold Production and Improved ...
GuruFocus.com • 2025-11-20T01:06:16ZAmaroq Ltd. (CVE:AMRQ): When Will It Breakeven?
Simply Wall St. • 2025-09-05T11:22:12Z
Insider Spends CA$112k Buying More Shares In Amaroq
Simply Wall St. • 2025-09-05T10:29:09Z
Amaroq Minerals Ltd.'s (CVE:AMRQ) top owners are individual investors with 58% stake, while 19% is held by institutions
Simply Wall St. • 2025-06-22T13:52:53Z
Amaroq Minerals Insider Buyers See Boost After Market Cap Rose CA$172m
Simply Wall St. • 2025-05-26T10:44:35Z
Loss-Making Amaroq Minerals Ltd. (CVE:AMRQ) Set To Breakeven
Simply Wall St. • 2025-03-24T11:45:32Z
Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Revenue | $0 | $0 | $0 | $0 |
| Operating Revenue | $0 | $0 | $0 | $0 |
| Reconciled Cost Of Revenue | - | - | - | $90,182 |
| Cost Of Revenue | - | - | - | $90,182 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $36,415 | $34,097 | $37,523 | $39,994 |
| Total Expenses | $20,951,346 | $22,764,530 | $22,850,546 | $23,983,253 |
| Other Income Expense | $-3,656,481 | $20,895,555 | $749,237 | $-809,751 |
| Other Non Operating Income Expenses | $2,453,361 | $1,714,559 | - | - |
| Net Non Operating Interest Income Expense | $1,151,689 | $1,035,462 | $202,346 | $103,765 |
| Interest Expense Non Operating | $36,415 | $34,097 | $37,523 | $39,994 |
| Operating Expense | $20,951,346 | $22,764,530 | $22,850,546 | $23,983,253 |
| Other Operating Expenses | $3,429,616 | $6,616,875 | $12,700,526 | $14,280,055 |
| Selling And Marketing Expense | $724,012 | $713,161 | $598,447 | $791,722 |
| General And Administrative Expense | $16,621,645 | $12,776,044 | $9,421,946 | $8,821,294 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $-23,456,138 | $-833,513 | $-21,898,963 | $-24,689,239 |
| Net Interest Income | $1,151,689 | $1,035,462 | $202,346 | $103,765 |
| Interest Income | $1,188,104 | $1,069,559 | $239,869 | $143,759 |
| Normalized Income | $-25,936,794 | $-27,906,896 | $-22,648,200 | $-23,879,488 |
| Net Income From Continuing And Discontinued Operation | $-23,456,138 | $-833,513 | $-21,898,963 | $-24,689,239 |
| Total Operating Income As Reported | $19,645,848 | $22,495,393 | $22,101,309 | $24,793,004 |
| Net Income Common Stockholders | $-23,456,138 | $-833,513 | $-21,898,963 | $-24,689,239 |
| Net Income | $-23,456,138 | $-833,513 | $-21,898,963 | $-24,689,239 |
| Net Income Including Noncontrolling Interests | $-23,456,138 | $-833,513 | $-21,898,963 | $-24,689,239 |
| Net Income Continuous Operations | $-23,456,138 | $-833,513 | $-21,898,963 | $-24,689,239 |
| Pretax Income | $-23,456,138 | $-833,513 | $-21,898,963 | $-24,689,239 |
| Special Income Charges | $-149,916 | $31,303,089 | $-100,536 | $0 |
| Earnings From Equity Interest | $-8,590,498 | $-7,892,387 | $0 | - |
| Interest Income Non Operating | $1,188,104 | $1,069,559 | $239,869 | $143,759 |
| Operating Income | $-20,951,346 | $-22,764,530 | $-22,850,546 | $-23,983,253 |
| Depreciation Amortization Depletion Income Statement | $176,073 | $142,707 | $129,627 | $90,182 |
| Depreciation And Amortization In Income Statement | $176,073 | $142,707 | $129,627 | $90,182 |
| Depreciation Income Statement | $176,073 | $142,707 | $129,627 | $90,182 |
| Gross Profit | - | - | - | $-90,182 |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | $-0.07 | $-0.00 | $-0.11 | $-0.14 |
| Basic EPS | $-0.07 | $-0.00 | $-0.11 | $-0.14 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-24,967,168 | $-27,094,319 | $-21,759,978 | $-23,449,541 |
| Total Unusual Items | $2,480,656 | $27,073,383 | $749,237 | $-809,751 |
| Total Unusual Items Excluding Goodwill | $2,480,656 | $27,073,383 | $749,237 | $-809,751 |
| Reconciled Depreciation | $933,211 | $778,480 | $850,699 | $389,953 |
| EBITDA (Bullshit earnings) | $-22,486,512 | $-20,936 | $-21,010,741 | $-24,259,292 |
| EBIT | $-23,419,723 | $-799,416 | $-21,861,440 | $-24,649,245 |
| Diluted Average Shares | $329,948,183 | $272,623,548 | $191,575,781 | $177,098,737 |
| Basic Average Shares | $329,948,183 | $272,623,548 | $191,575,781 | $177,098,737 |
| Diluted NI Availto Com Stockholders | $-23,456,138 | $-833,513 | $-21,898,963 | $-24,689,239 |
| Gain On Sale Of Ppe | $-149,916 | $-37,791 | $-100,536 | $0 |
| Gain On Sale Of Business | $0 | $31,340,880 | $0 | - |
| Gain On Sale Of Security | $2,630,572 | $-4,229,706 | $849,773 | $-809,751 |
| Research And Development | $0 | $2,515,743 | $0 | - |
| Selling General And Administration | $17,345,657 | $13,489,205 | $10,020,393 | $9,613,016 |
| Other Gand A | $7,019,385 | $5,635,422 | $3,217,779 | $4,593,569 |
| Insurance And Claims | $319,988 | $289,042 | $341,793 | $571,364 |
| Salaries And Wages | $9,282,272 | $6,851,580 | $5,862,374 | $3,656,361 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $201,157,576 | $64,278,637 | $63,227,863 | $39,968,502 |
| Total Assets | $255,976,986 | $107,240,058 | $65,096,061 | $42,781,664 |
| Total Non Current Assets | $190,099,450 | $66,506,868 | $14,412,312 | $15,139,338 |
| Other Non Current Assets | $6,799,104 | $598,939 | $427,120 | $424,637 |
| Non Current Prepaid Assets | $181,871 | $27,944 | $27,944 | $9,805 |
| Investmentin Financial Assets | $6,699,179 | $3,521,938 | - | - |
| Current Assets | $65,877,536 | $40,733,190 | $50,683,749 | $27,642,326 |
| Prepaid Assets | $10,223,447 | $18,968,443 | $450,290 | $266,617 |
| Inventory | $10,182,744 | $680,358 | $0 | - |
| Receivables | $277,675 | $69,756 | $95,890 | $51,250 |
| Taxes Receivable | $163,611 | $69,756 | $95,890 | $51,250 |
| Accrued Interest Receivable | $114,064 | $0 | - | - |
| Cash Cash Equivalents And Short Term Investments | $45,193,670 | $21,014,633 | $50,137,569 | $27,324,459 |
| Cash And Cash Equivalents | $45,193,670 | $21,014,633 | $50,137,569 | $27,324,459 |
| Cash Financial | $45,193,670 | $21,014,633 | $50,137,569 | $27,324,459 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Debt | $29,332,445 | $36,400,567 | $729,237 | $763,913 |
| Long Term Debt And Capital Lease Obligation | $591,805 | $577,234 | $657,440 | $713,078 |
| Current Debt And Capital Lease Obligation | $28,740,640 | $35,823,333 | $71,797 | $50,835 |
| Current Debt | $28,621,732 | $35,743,127 | - | - |
| Net Debt | - | $14,728,494 | - | - |
| Other Current Borrowings | - | $35,743,127 | - | - |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $54,819,410 | $42,961,421 | $1,868,198 | $2,813,162 |
| Total Non Current Liabilities Net Minority Interest | $7,845,657 | $577,234 | $657,440 | $713,078 |
| Current Liabilities | $46,973,753 | $42,384,187 | $1,210,758 | $2,100,084 |
| Payables And Accrued Expenses | $18,233,113 | $6,560,854 | $1,138,961 | $2,049,249 |
| Payables | - | - | $1,138,961 | $2,049,249 |
| Accounts Payable | - | - | $1,138,961 | $2,049,249 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $201,157,576 | $64,278,637 | $63,227,863 | $39,968,502 |
| Total Equity Gross Minority Interest | $201,157,576 | $64,278,637 | $63,227,863 | $39,968,502 |
| Stockholders Equity | $201,157,576 | $64,278,637 | $63,227,863 | $39,968,502 |
| Gains Losses Not Affecting Retained Earnings | $-36,772 | $-36,772 | $-36,772 | $-36,772 |
| Other Equity Adjustments | $-36,772 | $-36,772 | $-36,772 | $-36,772 |
| Retained Earnings | $-97,984,268 | $-74,528,130 | $-73,694,617 | $-51,795,654 |
| Long Term Equity Investment | $14,902,313 | $23,492,811 | $0 | - |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Ordinary Shares Number | $397,702,330 | $263,670,051 | $263,073,022 | $177,098,737 |
| Share Issued | $397,702,330 | $263,670,051 | $263,073,022 | $177,098,737 |
| Tangible Book Value | $201,157,576 | $64,278,637 | $63,227,863 | $39,968,502 |
| Invested Capital | $229,779,308 | $100,021,764 | $63,227,863 | $39,968,502 |
| Working Capital | $18,903,783 | $-1,650,997 | $49,472,991 | $25,542,242 |
| Capital Lease Obligations | $710,713 | $657,440 | $729,237 | $763,913 |
| Total Capitalization | $201,157,576 | $64,278,637 | $63,227,863 | $39,968,502 |
| Additional Paid In Capital | $8,009,215 | $6,725,568 | $5,250,865 | $3,300,723 |
| Capital Stock | $291,169,401 | $132,117,971 | $131,708,387 | $88,500,205 |
| Common Stock | $291,169,401 | $132,117,971 | $131,708,387 | $88,500,205 |
| Long Term Capital Lease Obligation | $591,805 | $577,234 | $657,440 | $713,078 |
| Long Term Provisions | $7,253,852 | - | - | - |
| Current Capital Lease Obligation | $118,908 | $80,206 | $71,797 | $50,835 |
| Line Of Credit | $28,621,732 | $0 | - | - |
| Investments And Advances | $21,601,492 | $27,014,749 | $0 | - |
| Available For Sale Securities | $6,699,179 | $3,521,938 | - | - |
| Investmentsin Joint Venturesat Cost | $14,902,313 | $23,492,811 | $0 | - |
| Net PPE | $161,516,983 | $38,865,236 | $13,957,248 | $14,704,896 |
| Accumulated Depreciation | $-3,224,611 | $-2,353,268 | $-1,617,842 | $-937,020 |
| Gross PPE | $164,741,594 | $41,218,504 | $15,575,090 | $15,641,916 |
| Construction In Progress | $154,915,325 | $33,283,240 | $7,522,085 | $7,452,668 |
| Other Properties | $2,631,956 | $2,632,093 | $2,749,834 | $2,556,919 |
| Machinery Furniture Equipment | $6,197,074 | $4,466,971 | $4,466,971 | - |
| Buildings And Improvements | $997,239 | $836,200 | $836,200 | $841,080 |
| Duefrom Related Parties Current | - | $3,521,938 | $0 | - |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $-117,448,329 | $-58,460,460 | $-21,199,580 | $-34,165,242 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $-6,025,383 | $-34,156,943 | $-20,874,288 | $-22,289,316 |
| Cash Flow From Continuing Operating Activities | $-6,025,383 | $-34,156,943 | $-20,874,288 | $-22,289,316 |
| Operating Gains Losses | $6,104,119 | $-19,221,113 | $-782,361 | $377,674 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-111,422,946 | $-24,303,517 | $-325,292 | $-11,875,926 |
| Investing Cash Flow | $-117,467,501 | $-24,471,657 | $-261,967 | $-11,875,926 |
| Cash Flow From Continuing Investing Activities | $-117,467,501 | $-24,471,657 | $-261,967 | $-11,875,926 |
| Net Other Investing Changes | $-6,044,555 | $-168,140 | - | - |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Issuance Of Capital Stock | $127,679,865 | $0 | $46,313,551 | $0 |
| Financing Cash Flow | $145,533,873 | $29,321,256 | $43,061,260 | $-65,900 |
| Cash Flow From Continuing Financing Activities | $145,533,873 | $29,321,256 | $43,061,260 | $-65,900 |
| Net Other Financing Charges | $-6,402,000 | $-1,004,030 | $-3,331,569 | - |
| Net Common Stock Issuance | $127,679,865 | $0 | $46,313,551 | $0 |
| Common Stock Issuance | $127,679,865 | $0 | $46,313,551 | $0 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-138,356 | $-105,894 | $-50,722 | $-65,900 |
| Issuance Of Debt | $24,394,364 | $30,431,180 | $0 | - |
| End Cash Position | $45,193,670 | $21,014,633 | $50,137,569 | $27,324,459 |
| Beginning Cash Position | $21,014,633 | $50,137,569 | $27,324,459 | $61,874,999 |
| Effect Of Exchange Rate Changes | $2,138,048 | $184,408 | $888,105 | $-319,398 |
| Changes In Cash | $22,040,989 | $-29,307,344 | $21,925,005 | $-34,231,142 |
| Net Issuance Payments Of Debt | $24,256,008 | $30,325,286 | $-50,722 | $-65,900 |
| Net Short Term Debt Issuance | $24,394,364 | $30,431,180 | $0 | - |
| Short Term Debt Issuance | $24,394,364 | $30,431,180 | $0 | - |
| Net Long Term Debt Issuance | $-138,356 | $-105,894 | $-50,722 | $-65,900 |
| Long Term Debt Payments | $-138,356 | $-105,894 | $-50,722 | $-65,900 |
| Net PPE Purchase And Sale | $-111,422,946 | $-24,303,517 | $-261,967 | $-11,875,926 |
| Purchase Of PPE | $-111,422,946 | $-24,303,517 | $-325,292 | $-11,875,926 |
| Change In Working Capital | $7,779,541 | $-17,464,725 | $-1,092,790 | $1,257,525 |
| Change In Payables And Accrued Expense | $11,605,706 | $5,093,572 | $-864,477 | $1,141,384 |
| Change In Prepaid Assets | $8,684,006 | $-18,363,632 | $-183,673 | $104,641 |
| Change In Inventory | $-9,502,387 | $-680,358 | - | - |
| Change In Receivables | $-3,007,784 | $-3,514,307 | $-44,640 | $11,500 |
| Other Non Cash Items | $566,498 | $675,625 | $2,785 | - |
| Stock Based Compensation | $2,047,386 | $1,908,303 | $2,046,342 | $374,771 |
| Depreciation Amortization Depletion | $933,211 | $778,480 | $850,699 | $389,953 |
| Depreciation And Amortization | $933,211 | $778,480 | $850,699 | $389,953 |
| Depreciation | $933,211 | $778,480 | $850,699 | $389,953 |
| Earnings Losses From Equity Investments | $8,590,498 | $7,892,387 | $0 | - |
| Gain Loss On Investment Securities | $-1,722,682 | $4,536,411 | - | - |
| Net Foreign Currency Exchange Gain Loss | $-913,613 | $-346,822 | $-882,897 | $377,674 |
| Gain Loss On Sale Of PPE | $149,916 | $37,791 | $100,536 | $0 |
| Gain Loss On Sale Of Business | $0 | $-31,340,880 | $0 | - |
| Net Income From Continuing Operations | $-23,456,138 | $-833,513 | $-21,898,963 | $-24,689,239 |
| Proceeds From Stock Option Exercised | - | $0 | $130,000 | $0 |
| Sale Of PPE | - | $0 | $63,325 | $0 |
| Change In Payable | - | $5,093,572 | $-864,477 | $1,141,384 |
| Change In Account Payable | - | - | - | $1,141,384 |