The Globe and Mail reports in its Wednesday, Feb. 25, edition that National Bank Financial analyst Don DeMarco has reaffirmed his "outperform" recommendation for Artemis Gold. The Globe's David Leeder writes in the Eye On Equities column that Mr. DeMarco gave his share target a $2.50 boost to $54. Analysts on average target the shares at $55.50. Mr. DeMarco says in a note: "This is a follow-up to our first look at Q4/25 with a headline CFPS beat vs. the street, FY25 AISC within guidance range, cash balance higher quarter-over-quarter and dividend announcement reflecting confidence in executing on Phase 1A and EP2. After model updates, our NAVPS eased 1.8 per cent to $45.93 (from $46.79)." The Globe reported on Aug. 20 that RBC Dominion Securities analyst Harrison Reynolds had reaffirmed his "outperform" recommendation for Artemis Gold. It was then worth $27.50. The Globe reported on Sept. 25 that Mr. DeMarco continued to rate Artemis Gold "outperform." The share were then going for $33.87.
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