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Amaroq Minerals – a Buy with significant upcoming catalysts

By HotStockRockets | Friday 28 October 2022


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously delayed production and a recent discounted placing are not typically good starting places for a value opportunity. However, in this case, the material fundraise at only a tiny discount in the current extremely challenging stock market conditions and the production it is set to enable with the on-the-ground progress that has been made, suggests a compelling opportunity from a current 37p offer price, prospective £97.3 million market cap.

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