Amaroq Ltd. Reports Significant Q3 Revenue Growth and Updated FY2026 Outlook
Amaroq Ltd. (AMRQF) has reported a substantial increase in third-quarter revenue, reaching $65.4 million, representing a 410.9% year-over-year growth. This surge was driven by a significant rise in gold sales volume, totaling 11,068 ounces compared to 2,636 ounces in the same period last year. The company also benefited from favorable pricing, reporting an average gold price of $4,184 per ounce for Q3. While revenue has scaled rapidly, the report notes that Nalunaq's Year-to-Date All-In Sustaining Costs (AISC) stand at $69.1 million as the company manages its operational trajectory.
Topics: all-in sustaining costs gold sales quarterly revenue