)
Amaroq (AMRQ) investor relations material
Amaroq Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved early gold production guidance with 5,000 oz produced by October, raising year-end guidance to 6,000–7,000 oz for 2025.
Transitioned to a fully owner-operated mining model at Nalunaq, improving efficiency and cost control.
Commenced trading on OTCQX, increasing access and transparency for U.S. investors.
Strong liquidity position with CAD 55.3 million in cash at quarter end, despite significant CapEx and exploration spend.
Strategic minerals portfolio advanced, including new high-grade gold, copper, zinc, lead, silver, germanium, and gallium discoveries.
Financial highlights
Q3 2025 revenue was $12.8 million from gold sales of 2,636 oz; nine-month revenue totaled $16.3 million at an average price of US$3,490/oz.
Gross profit for the nine months was $5.3 million; Q3 net loss was $5.3 million, a significant improvement from $14 million loss in prior year.
Total assets at quarter end were $339 million, with a 79% equity ratio.
Capital assets increased to CAD 221.9 million, mainly due to Nalunaq project development.
Cash position at September 30, 2025, was $55.3 million, with working capital of $76.9 million before loan liabilities.
Outlook and guidance
Year-end 2025 gold production expected between 6,000–7,000 oz, exceeding previous guidance.
Phase 2 construction at Nalunaq to continue through Q1 2026, with flotation circuit commissioning immediately after.
Positive cash flow expected in 2026, with significant exploration results from Nanoq and Nalunaq pending in Q4 2025.
Guidance for 2026 production and budgets to be provided in February.
Exploration spend for 2026 projected at CAD 15–30 million, focused on Nanoq, Nalunaq, Black Angel, and early-stage projects.
Next Amaroq earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage