Artemis Resources (LON:ARV) Stock Price Up 6% – Here’s Why

Artemis Resources Limited (LON:ARV)’s share price shot up 6% during mid-day trading on Friday . The company traded as high as GBX 0.40 and last traded at GBX 0.37. 24,122,922 shares were traded during trading, an increase of 148% from the average session volume of 9,716,988 shares. The stock had previously closed at GBX 0.35.

Artemis Resources Stock Performance

The firm has a market capitalization of £13.20 million, a P/E ratio of -1.21 and a beta of 0.18. The company’s fifty day simple moving average is GBX 0.46 and its 200 day simple moving average is GBX 0.36.

About Artemis Resources

Artemis Resources (ASX/AIM: ARV; FRA: ATY; US: ARTTF) is a gold and copper-focused resources company with projects in Western Australia.

The Company’s projects include;
• The Karratha Gold and Copper Project (100%) – includes the Carlow gold/copper resource with multiple prospective satellite prospects including Titan, where drilling hit 1m at 16.4g/t Au.
• Cassowary Iron Ore Copper Gold (IOCG) Potential – located east of Kalgoorlie on the edge of a crustal boundary with a number of identified intrusions targeted for drilling in late 2025.
• Paterson Central Gold/Copper project in the Paterson Province (located adjacent to Greatland Gold / Newmont’s recent gold-copper discovery at Havieron and only ~42km from the Newmont Telfer gold mine).
• Artemis also owns the Radio Hill processing plant, located only 35km from Karratha.