Amaroq Minerals Hits Day High with 11.64% Surge in Stock Price

Amaroq Minerals has experienced a significant uptick in its stock performance, gaining 11.64% on November 7, 2025. The stock reached an intraday high of CAD 1.64, marking a notable achievement for the small-cap company operating in the gems, jewellery, and watches industry.
In terms of performance metrics, Amaroq Minerals has outperformed the S&P/TSX 60 index over the past day and week, with respective gains of 11.64% and 5.16%, while the index saw minimal movement. However, the company's year-to-date performance remains negative at -16.41%, contrasting with the S&P/TSX 60's positive return of 19.0%.

Despite the recent gains, the company faces challenges, including a low return on equity of -9.38% and a significant increase in raw material costs year-over-year. The market capitalization stands at CAD 740 million, and the stock is currently trading at a price-to-book ratio of 2.70. Overall, while Amaroq Minerals has shown resilience in the short term, its financial metrics indicate a complex landscape ahead.