Risk factor
Resilient to price shocks
Profitability factor
Very strong margins and returns
About
Artemis Gold Inc., a gold development company, focuses on the identification, acquisition, and development of gold properties. The company's asset portfolio includes a 32.3% equity interests in Velocity Minerals Ltd. that focuses on acquiring, exploring, and evaluating mineral resource properties in Bulgaria. It also holds interest in the Blackwater Gold Project located in central British...
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, overvalued on EV/EBITD.
Target Price
The average target price of ARTG.V is 52 and suggests 30% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
