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Amaroq Minerals Swings to H1 Profit; Revenue Soars

MT Newswires·08/13/2026 02:24:39
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02:24 AM EDT, 08/13/2026 (MT Newswires) -- Amaroq Minerals (AMRQ.L) said Thursday it returned to profitability for the first half, while revenue surged year over year. Net income and comprehensive income for the six months ended June 30 was CA$13.6 million, compared with a loss of CA$10 million earlier. EPS moved to CA$0.029 from a loss per share of CA$0.025. The mining company's revenue was CA$56.2 million, compared with CA$3.4 million a year ago. For full-year 2026, Amaroq maintained its gold production guidance of 25,000 to 35,000 ounces.