Greenland Energy is trading 8.68% down at $2.63 as profit-taking follows its September 21 rally.
- Pulling back from September 21 close of $2.88, which followed a 140.00% rally
- The preceding surge was linked to the U.S.-Denmark-Greenland security agreement and heightened interest in Greenland-linked resource assets, including the Jameson Land Basin project
- Heavy volatility and the weaker energy sector, as oil prices fall, add pressure