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London Stock Exchange · Basic Materials

Invest in Amaroq Minerals stock from India

Indian and foreign residents can buy Amaroq Minerals (AMRQ) shares directly through Paasa.

By Paasa · Updated

Amaroq Minerals at a glance

Price
£1.15-£0.01 (0.43%)
Market cap
£536.18M
Day range
£1.15 – £1.18
P/E
-46.20
Dividend yield
None
Volume
101.13K
1 month
+10.05%
6 months
+26.37%
YTD
+5.50%
1 year
+61.97%
5 years
+333.96%

Live chart and statistics

Amaroq Minerals statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCA$27.1MCA$0.0CA$0.0CA$0.0CA$0.0
Gross profitCA$2.4M−CA$1.4M−CA$2.5M−CA$851.0K−CA$90.2K
Operating income−CA$19.3M−CA$20.8MCA$22.5MCA$22.1M−CA$24.8M
Net income−CA$18.7M−CA$23.5M−CA$834.0K−CA$21.9M−CA$24.7M
Earnings per share−CA$0.04−CA$0.07−CA$0.00−CA$0.11−CA$0.14
EBITDA−CA$17.4M−CA$13.3M−CA$22.1M−CA$22.0M−CA$23.7M
Total assetsCA$354.3MCA$256.0MCA$107.0MCA$65.1MCA$42.8M
Total debtCA$42.5MCA$29.3MCA$36.4MCA$729.2KCA$763.9K
Cash and short-term investmentsCA$30.5MCA$45.2MCA$21.0MCA$50.1MCA$27.3M
Shareholders' equityCA$279.9MCA$201.2MCA$64.3MCA$63.2MCA$40.0M
Operating cash flow−CA$30.0M−CA$6.0M−CA$34.2M−CA$20.9M−CA$22.3M
Free cash flow−CA$114.1M−CA$117.4M−CA$58.5M−CA$21.2M−CA$34.2M
Capital expenditure−CA$84.1M−CA$111.4M−CA$24.3M−CA$325.3K−CA$11.9M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Griffin MiningGFM.L£3.13£55.25B
Metals ExplorationMTL.L£0.16£49.19B
Anglo Asian MiningAAZ.L£4.24£48.54B
Thor ExplorationsTHX.L£0.63£42.29B
Caledonia MiningCMCL.L£17.90£34.57B
ForterraFORT.L£1.59£32.03B
AltynGoldALTN.L£10.25£28.02B
Serabi GoldSRB.L£2.49£18.98B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Amaroq Minerals from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.

  3. Step 3

    Search AMRQ and buy

    Find Amaroq Minerals by name or by its ticker, AMRQ, and place your order.

Why invest in Amaroq Minerals from India

What Amaroq Minerals does

Amaroq Minerals Ltd. is dedicated to the procurement, exploration, and subsequent development of mineral resources throughout Greenland. Focusing specifically on South Greenland, the company's operations involve identifying diverse valuable minerals, including gold, copper, molybdenum, graphite, platinum group elements, nickel, and rare earth elements. Amaroq Minerals operates in the Gold industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Amaroq Minerals stock from India?

Yes. Indian residents and NRIs can buy Amaroq Minerals (AMRQ) shares directly through Paasa. Amaroq Minerals is listed on the London Stock Exchange, in the Gold industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Amaroq Minerals dividends taxed for Indian investors?

Amaroq Minerals trades on the London Stock Exchange but is domiciled in Canada, so any withholding on its dividends follows that country's rules rather than those of the UK. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Amaroq Minerals shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Is there stamp duty when I buy Amaroq Minerals shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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