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Amaroq Minerals – near-term catalysts mean again a Buy at 73p to sell at 100p+

By HotStockRockets | Friday 24 May 2024

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.

We previously made a more than 67.5% gain on a tip of gold and “strategic metals” in Greenland company Amaroq Minerals (AMRQ) from a 37p offer price it had fallen back to in 2022. Earlier this year the shares exceeded 80p on projects progress following also a joint listing move to the Nasdaq Iceland Main Market. The shares are though now back available at a 73p offer price and we suggest have near-term potential towards 100p including with stock overhang clearing, news flow potential and recent minerals sector bullishness further building.
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