Amaroq reports 21 koz of gold: FTSE 250 adds Amaroq stock

Published on 10/28/2026 at 06:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nalunaq produced 12 koz in the third quarter of 2026, one quarter ahead of guidance. For Amaroq stock this means 25 to 35 koz of 2026 gold guidance.

Production and calendar milestones

Amaroq recorded 21 koz of gold production for the nine months ended September 30, 2026.
Amaroq completed 4,728.9 metres of drilling across 33 holes at Nanoq on October 1, 2026.
Amaroq is scheduled to report third-quarter 2026 results on November 12, 2026.

Amaroq, CA02312A1066, Illustration mit AI erstellt.

Amaroq (ISIN CA02312A1066) reported 21 koz of gold production for the nine months ended September 30, 2026, while its FTSE 250 inclusion took effect on October 8, 2026, according to GlobeNewswire. The production figure reached the company's fourth-quarter target one quarter early.

Output reaches 21 koz

Nalunaq produced 12 koz in the third quarter of 2026, taking nine-month output to 21 koz. Amaroq reiterated full-year 2026 guidance of 25 to 35 koz, leaving a stated range of 4 koz to 14 koz above the nine-month result.

The FTSE 250 entry adds a market-access angle to the operating update. The company said the move followed its transition from AIM to the London Stock Exchange Main Market and could support inclusion in additional index-tracking funds, according to Investegate.

Three milestones define the update

On October 1, 2026, Amaroq completed 4,728.9 metres of drilling across 33 holes at the Nanoq gold project. On October 6, 2026, it reported 12 koz from Nalunaq in the third quarter and 21 koz for the first nine months. On October 8, 2026, the company's FTSE 250 inclusion became effective. The first event also included metallurgical testing indicating 97 to 99 percent gold recovery for Nanoq material at Nalunaq, as reported by Morningstar.

When is the next report?

Amaroq is scheduled to publish its third-quarter 2026 results on November 12, 2026. The date appears in the company's reporting calendar listed by MFN.

What does the guidance mean?

The operating picture now depends on the final quarter's contribution. Reaching the low end of the 25 to 35 koz range requires 4 koz beyond the first nine months, while the upper end requires 14 koz. Nanoq adds a longer-term development track, with bulk sampling planned toward the end of 2027 or into 2028.

Company facts and listing

Amaroq focuses on gold and strategic metals in Greenland and owns and operates the Nalunaq mine. Its shares trade on the London Stock Exchange Main Market under ticker AMRQ, and the company is a FTSE 250 constituent.