Artemis Resources (LON:ARV) Stock Price Up 39.4% – Should You Buy?

Artemis Resources Limited (LON:ARV) was up 39.4% during mid-day trading on Monday . The company traded as high as GBX 0.35 and last traded at GBX 0.35. Approximately 52,098,523 shares traded hands during mid-day trading, an increase of 404% from the average daily volume of 10,344,857 shares. The stock had previously closed at GBX 0.25.

Artemis Resources Price Performance

The company has a market cap of £13.16 million, a PE ratio of -1.20 and a beta of 0.18. The stock has a 50 day simple moving average of GBX 0.45 and a two-hundred day simple moving average of GBX 0.36.

Artemis Resources Company Profile

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.