Artemis Resources (LON:ARV) Shares Up 12.9% – Here’s Why

Artemis Resources Limited (LON:ARV)’s share price shot up 12.9% on Tuesday . The stock traded as high as GBX 0.48 and last traded at GBX 0.48. 2,903,949 shares traded hands during trading, a decline of 65% from the average session volume of 8,225,620 shares. The stock had previously closed at GBX 0.43.

Artemis Resources Price Performance

The firm has a market capitalization of £18.48 million, a PE ratio of -0.42 and a beta of 0.18. The firm’s fifty day moving average is GBX 0.40 and its two-hundred day moving average is GBX 0.34.

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.