03:20:37 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Artemis Gold Inc
Symbol ARTG
Shares Issued 124,199,936
Close 2020-11-09 C$ 5.11
Market Cap C$ 634,661,673
Recent Sedar Documents

Globe says new coverage rates Artemis Gold "outperform"

2020-11-10 08:18 ET - In the News

The Globe and Mail reports in its Tuesday, Nov. 10, edition that BMO Nesbitt Burns analyst Andrew Mikitchook began coverage of Artemis Gold ($5.11) with an "outperform" rating to "reflect an expected revaluation as the company delivers development milestones on its 100%-owned Blackwater Gold Project." The Globe's David Leeder writes in the Eye On Equities column that Mr. Mikitchook says in a note, "We expect the H1 2021 DFS and permitting progress to be milestones that move the project closer to a development decision and financing arrangements in late-2021 or early-2022 should represent more substantial revaluation catalysts." Mr. Mikitchook set a $9 share target. Analysts on average target the shares at $10.17. The Globe reported on July 27 that Canada's junior gold mining sector was on track for its best year for financing in a decade as companies take advantage of soaring gold prices to load up on cash and advance long-delayed exploration and development projects. Artemis shares could then be had for $4.54. The Globe reported on Sept. 11 that Canaccord Genuity analyst Kevin MacKenzie rated Artemis "speculative buy" in new coverage. The shares could then be had for $6.60.

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