The Globe and Mail reports in its Tuesday, June 20, edition that Canaccord Genuity analyst Jeremy Hoy assumed coverage on Monday on Artemis Gold with a "speculative buy" recommendation following the departure of a colleague. The Globe's David Leeder writes that Mr. Hoy set a share target of $17. Analysts on average target the shares at $11.59. Mr. Hoy says in a note, "With first gold at Blackwater targeted for H2/24, we believe Artemis is well-positioned to execute throughout its upcoming construction period due to its proven and aligned (approximately 38-per-cent insider ownership) management team, led by chairman and chief executive officer Steven Dean (former president of Teck Cominco Ltd., now Teck Resources)." The Globe reported on Nov. 10, 2020, that BMO Nesbitt Burns analyst Andrew Mikitchook began coverage of Artemis Gold with an "outperform" rating to "reflect an expected revaluation as the company delivers development milestones on its 100-per-cent-owned Blackwater gold project." The shares were then worth $5.11. The Globe reported on Sept. 15, 2021, that Stifel analyst Ian Parkinson had reaffirmed his "buy" recommendation for Artemis Gold when it was going for $5.47.
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