The Globe and Mail reports in its Tuesday, Jan. 16, edition that National Bank Financial analyst Don DeMarco is keeping his "outperform" call on Artemis Gold intact. The Globe's David Leeder writes that Mr. DeMarco gave his share target a $1.25 trim to $9.25. Analysts on average target the shares at $10.94. Mr. DeMarco says in a note: "FCF inflection on deck, with Blackwater development led by an experienced COO, fully-financed, on time and on budget, with potential development tailwinds from a mild winter in 2023/24. Attractive economics from LOM production of 339,000 ounces per year over 22 years (DFS Sept 2021) from a sizable eight million ounce reserve endowment and visibility for elevated F5Y production (500k oz/year) upon accelerating Phase 2. Tier One jurisdiction benefits accentuated as headwinds continue to increase in other jurisdictions and for non-permitted projects universally. Additionally, we flag high insider ownership (38 per cent) and M&A appeal as a single-asset producer." The Globe reported on June 20 that Canaccord rated Artemis Gold "speculative buy" when it was worth $4.60. The Globe reported on Sept. 8 that Stifel rated Artemis Gold "buy." The shares could then be had for $6.02.