Arctic Minerals AB (publ) (ARCT.ST)
Arctic Minerals AB (publ) operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Stockholm, UP, SE. The stock last traded at $6.53, up 4.65% on the session, giving a market capitalisation of $327.4M. Its beta of -0.63 implies it has historically moved less than the broad market.
Arctic Minerals AB (publ) operates in the exploration and extraction of mineral resources through its various subsidiaries, primarily across Norway and Sweden. The company's prospecting efforts target valuable deposits such as gold, copper, zinc, and a range of battery metals. A significant holding is the wholly-owned Bidjovagge gold-copper project, located in Finnmark, Northern Norway. This project encompasses nine extraction permits totaling 7.16 square kilometers, alongside an additional one-square-kilometer exploration permit. Furthermore, the company holds stakes in the Nutukka exploration reservation, a 366-square-kilometer area positioned at the eastern end of the Central Lapland Greenstone Belt in northern Finland. Established in 1999, Arctic Minerals AB (publ) was formerly named Arctic Gold AB (publ) until its rebranding in December 2017, and its operations are based in Östersund, Sweden.
Arctic Minerals AB (publ) is most often compared with the following Basic Materials names: