GRML · NASDAQ · Other Precious Metals

Greenland Mines (GRML)

Explores Greenland minerals alongside a biotech program for ALS.

$13.52
Pre-market+4.22 (+45.43%)
At close$9.30(+226.14%)
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Greenland Mines Ltd.GRML
Materials

Mining exploration at the Skaergaard Project in southeast Greenland sits alongside a biotechnology division centered on KLTO-202 for ALS. The company holds a controlling interest in Skaergaard while pursuing an early-stage, two-division strategy.

Operating two early-stage divisions, mining focuses on exploration and development of the Skaergaard Project in southeast Greenland, while biotechnology centers on KLTO-202 for amyotrophic lateral sclerosis. The common stock trades on Nasdaq under GRML. The Greenland Mines acquisition gave the company a controlling interest in Skaergaard and an option on the remainder.

Planned acquisition of the Sarfartoq rare-earth project remains subject to closing conditions and Greenland government approval. Execution relies on two full-time employees and consultants as the company advances the mineral-exploration interest and biotech program. This structure combines an exploration-stage mineral business with a therapeutic program in one listed issuer.

Company facts

CEODr. Joseph A. Sinkule
ListedMar 12, 2026
ExchangeNASDAQ
HeadquartersCharlotte, NC
CountryUnited States
Employees2
CIK0001907223
ISINUS49876K1034

Market cap$28.4M
EPS (ttm)−$12.29
P/E (ttm)−0.7665
ROE-67.6%
P/B0.4898
P/S
Dividend yieldDiv yield
Beta5.24vs XLB −2.07

No analyst consensus on record.

EPSReportedEstimate

Nov '25May '26Aug '26
Reported−$2.44−$0.15−$1.50
Estimate
Surprise

RevenueReportedEstimate

Nov '25May '26Aug '26
Reported
Estimate
Surprise
Estimate
Reported−$1.50
Estimate
Reported
View details

Debt to equity0.50%
Current ratio1,009.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$3.0M−$2.1M−$2.2M−$4.1M−$2.9M−$1.3M−$13.9M−$3.7M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.9M−$1.9M−$1.6M−$1.9M−$1.9M−$1.8M−$9.5M−$5.5M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss narrowedLoss narrowedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $9.3M · Total debt $298.0K · Total assets $65.0M · Shareholders' equity $57.9M

Revenue
$0
Operating income
−$5.5M
Net income
−$3.7M
View details

No dividends on record.

Insiders4.31%129.7K shares
4 holders · as of Aug 25, 2026
Other95.69%2.88M shares
remainder

3.01M company shares as of Aug 24, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Jeff LeBlancInsiderofficer: Chief Financial Officer
3.67%110,406filed Aug 25, 2026
Jon McGarityInsiderdirector
0.37%11,026filed Jul 20, 2026
Jason David SawyerInsiderdirector
0.16%4,800filed Jul 23, 2026
Riad Hussein El-DadaInsiderdirector
0.12%3,500filed Jun 26, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 25, 2026Jeff LeBlancofficer: Chief Financial Officer+14,000$9.72
Jul 22, 2026Jason David Sawyerdirector+240,000$0.2331
Jul 20, 2026Jon McGaritydirector+140,000$0.1773
Jul 16, 2026Jeff LeBlancofficer: Chief Financial Officer+1,400,000$0.1752
Jun 25, 2026Riad Hussein El-Dadadirector−175,000$0.2317
View details

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