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GRMLNASDAQMarket closedOpens 9:30am ET

Greenland Mines Ltd.

$10.62Last updated
+$0.25 (2.36%)Past day
Timezone

Greenland Mines Ltd. (NASDAQ: GRML) is trading at $10.62, about ₹1,020 at today's USD/INR rate, as of 30 Sep 2026, 4:00 PM ET, up 2.36% today. Indian residents can buy Greenland Mines from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$10.67
Previous close:$10.38
Volume:3.92M

Today's low

$10.02

Today's high

$11.06

52 week low

$0.16

52 week high

$18.08

GRML opened at $10.67, closed previously at $10.38, and has traded between $0.16 and $18.08 over the past 52 weeks.

About

Greenland Mines Ltd operates across two segments: natural resources and cell and gene therapy. Its resources arm is focused on exploring for palladium, gold, and platinum, centered on the exploration and development of the Skaergaard project in Southeast Greenland. On the therapeutics side, the company is developing KLTO-202, a gene therapy targeting the treatment and prevention of amyotrophic lateral sclerosis (ALS), and KLTO-101, aimed at treating or preventing Alzheimer's disease, alongside therapies for Parkinson's and other age-related conditions. Previously known as Klotho Neurosciences, Inc., the company adopted its current name in March 2026. It is headquartered in Charlotte, North Carolina.

Country
US
CEO
Joseph A. Sinkule
Exchange listed on
NASDAQ
Industry
Other Precious Metals
Base currency
USD
Full Time Employees
5
Sector
Basic Materials
IPO date
29/04/2022

Key statistics

Avg. volume

4.93M

Market cap

$31.97M

P/E Ratio

-0.86

Price-to-sales ratio

0.00

Enterprise value

$3.54M

Free cash flow yield

-54.67%

Debt-to-equity ratio

0.01

Return on equity

-111.50%

ROIC

-75.09%

Beta

2.48

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$0.00

Earnings per share

-$11.00

Free cash flow

-$5.86M

Net profit margin

0.00%

Gross margin

0.00%

EBITDA

-$7.15M

Revenue growth

0.00%

How to buy Greenland Mines from India

Indian residents can buy Greenland Mines shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Greenland Mines and place an order

    Find Greenland Mines by name or by its ticker, GRML, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Greenland Mines trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Greenland Mines position in USD and INR. Greenland Mines pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Greenland Mines from India

Trading and taxes when buying Greenland Mines from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneGreenland Mines does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Greenland Mines stock?

Yes. Greenland Mines (GRML) has been listed on NASDAQ since 2022, in the Other Precious Metals industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Greenland Mines share cost in rupees?

One Greenland Mines share is $10.62 — about ₹1,020 at a USD/INR rate of 96.00 on 30 Sep 2026. Both the Greenland Mines price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Greenland Mines from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Greenland Mines?

Yes. One Greenland Mines share is $10.62, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Greenland Mines.

How are gains on Greenland Mines shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Greenland Mines price. Paasa issues a capital-gains statement for your return.

Does Greenland Mines pay a dividend?

No. Greenland Mines does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Greenland Mines from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Greenland Mines shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Greenland Mines shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Greenland Mines holding, its cost and its closing value.

How do I sell Greenland Mines and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.