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Artemis Gold Inc.TSXV:ARTG Stock Report

Market Cap CA$10.0b
Share Price
n/a
1Y50.5%
7D9.6%
1D2.0%
Portfolio Value
View

Artemis Gold Inc.

TSXV:ARTG Stock Report

Market Cap: CA$10.0b

Artemis Gold (ARTG) Stock Overview

Engages in the identification, acquisition, and development of gold properties in Canada. More details

ARTG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth6/6
Past Performance6/6
Financial Health4/6
Dividends0/6

ARTG Community Fair Values

Create Narrative

See what 31 others think this stock is worth. Follow their fair value or set your own to get alerts.

Artemis Gold Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Artemis Gold
Historical stock prices
Current Share PriceCA$42.84
52 Week HighCA$48.80
52 Week LowCA$27.82
Beta1.56
1 Month Change26.11%
3 Month Change30.85%
1 Year Change50.53%
3 Year Change618.79%
5 Year Change693.33%
Change since IPO4,184.00%

Recent News & Updates

Narrative Update Aug 21

ARTG: Future Output Expansion Will Likely Not Justify Current Share Price

Analysts have trimmed their average price target on Artemis Gold to about CA$38.53 from roughly CA$40.32, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E levels. What’s in the News for Artemis Gold Artemis Gold began major construction on its EP2 expansion at the Blackwater Mine ahead of schedule and within budget, with the first concrete pour for the ball mill foundations completed and long lead equipment ordered.

Recent updates

Narrative Update Aug 21

ARTG: Future Output Expansion Will Likely Not Justify Current Share Price

Analysts have trimmed their average price target on Artemis Gold to about CA$38.53 from roughly CA$40.32, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E levels. What’s in the News for Artemis Gold Artemis Gold began major construction on its EP2 expansion at the Blackwater Mine ahead of schedule and within budget, with the first concrete pour for the ball mill foundations completed and long lead equipment ordered.
Analysis Article Aug 10

New Forecasts: Here's What Analysts Think The Future Holds For Artemis Gold Inc. (CVE:ARTG)

Celebrations may be in order for Artemis Gold Inc. ( CVE:ARTG ) shareholders, with the analysts delivering a...
Narrative Update Aug 07

ARTG: Blackwater Expansion Progress And New Dividend Policy Will Drive Future Upside

Analysts cut their CA$ fair value estimate for Artemis Gold by about CA$5 to reflect a reduced revenue growth outlook, a higher discount rate and lower future P/E assumptions, consistent with the more cautious tone seen in recent Street research, including the downgrade from TD Securities in May 2026. What’s in the News for Artemis Gold Artemis Gold began major construction on its EP2 growth project at the Blackwater Mine ahead of schedule and within budget, including the first concrete pour for the ball mill foundations.
Narrative Update Jul 24

ARTG: Record Production And Expansion Progress Will Support Stronger Long Term View

Analysts have reduced their average price target for Artemis Gold to about CA$65 from roughly CA$67, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples, alongside recent research that has turned more cautious on the stock. What’s in the News for Artemis Gold Artemis Gold reported record Q2 2026 production of 74,063 ounces of gold at the Blackwater Mine in British Columbia, supported by higher feed grades and improved gold recoveries.
Narrative Update Jul 10

ARTG: Higher Margin Outlook Will Support More Constructive Long Term View

Artemis Gold's analyst price target has increased to CA$67.32 from CA$65.30, with analysts citing updated expectations for revenue growth, profit margins and future P/E assumptions, despite a recent downgrade from TD Securities. What’s in the News for Artemis Gold Artemis Gold announced that Erik Marchand, currently Vice President Finance, will be appointed Chief Financial Officer effective July 1, 2026.
Narrative Update Jun 26

ARTG: Higher Fair Value And CFO Transition Will Support Future Upside

Analysts have lifted their fair value estimate for Artemis Gold to about CA$57 per share, up from roughly CA$48, while at the same time adopting more cautious assumptions around growth, margins and future P/E. This helps explain the recent downward shift in Street ratings despite the higher target.
New Narrative May 26

Expansion Projects And Rising Stockpiles Will Support Stronger Long Term Gold Production

Catalysts About Artemis Gold Artemis Gold is a Canadian gold producer focused on the Blackwater open pit mine and associated processing facilities in British Columbia. What are the underlying business or industry changes driving this perspective?
New Narrative May 12

Heavy Capital Burden And Cost Pressures Will Test Long Mine Life Upside Potential

Catalysts About Artemis Gold Artemis Gold is a gold producer focused on the Blackwater open pit mine and related expansion projects in British Columbia, Canada. What are the underlying business or industry changes driving this perspective?
Analysis Article Dec 08

Calculating The Intrinsic Value Of Artemis Gold Inc. (CVE:ARTG)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Artemis Gold fair value estimate is CA$39.49 Current share...

Shareholder Returns

ARTGCA Metals and MiningCA Market
7D9.6%9.4%-0.2%
1Y50.5%76.6%29.7%

Return vs Industry: ARTG underperformed the Canadian Metals and Mining industry which returned 76.6% over the past year.

Return vs Market: ARTG exceeded the Canadian Market which returned 29.7% over the past year.

Price Volatility

Is ARTG's price volatile compared to industry and market?
ARTG volatility
ARTG Average Weekly Movement8.7%
Metals and Mining Industry Average Movement11.0%
Market Average Movement9.7%
10% most volatile stocks in CA Market16.6%
10% least volatile stocks in CA Market3.8%

Stable Share Price: ARTG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ARTG's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2019439Dale Andreswww.artemisgoldinc.com

Artemis Gold Inc. engages in the identification, acquisition, and development of gold properties in Canada. The company explores for gold and silver deposits. Its flagship asset is its 100% owned Blackwater Gold project, which consists of 328 mineral claims covering an area of 148,688 ha located in central British Columbia.

Artemis Gold Inc. Fundamentals Summary

How do Artemis Gold's earnings and revenue compare to its market cap?
ARTG fundamental statistics
Market capCA$9.99b
Earnings (TTM)CA$557.55m
Revenue (TTM)CA$1.39b
17.9x
P/E Ratio
7.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARTG income statement (TTM)
RevenueCA$1.39b
Cost of RevenueCA$326.14m
Gross ProfitCA$1.06b
Other ExpensesCA$507.09m
EarningsCA$557.55m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.39
Gross Margin76.55%
Net Profit Margin40.09%
Debt/Equity Ratio33.6%

How did ARTG perform over the long term?

See historical performance and comparison

Dividends

0.5%
Current Dividend Yield
n/a
Payout Ratio

Does ARTG pay a reliable dividends?

See ARTG dividend history and benchmarks
When do you need to buy ARTG by to receive an upcoming dividend?
Artemis Gold dividend dates
Ex Dividend DateAug 19 2026
Dividend Pay DateSep 09 2026
Days until Ex dividend5 days
Days until Dividend pay date16 days

Does ARTG pay a reliable dividends?

See ARTG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/24 03:33
End of Day Share Price 2026/08/21 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Artemis Gold Inc. is covered by 23 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrayATB Cormark
Andrew MikitchookBMO Capital Markets Equity Research
Jeremy HoyCanaccord Genuity