Artemis Resources (LON:ARV) Trading 11.1% Higher – Should You Buy?

Artemis Resources Limited (LON:ARV) shot up 11.1% during mid-day trading on Wednesday . The company traded as high as GBX 0.50 and last traded at GBX 0.50. 194,649 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 9,349,330 shares. The stock had previously closed at GBX 0.45.

Artemis Resources Trading Down 2.7%

The firm’s 50-day moving average is GBX 0.44 and its 200 day moving average is GBX 0.35. The firm has a market capitalization of £16.52 million, a price-to-earnings ratio of -1.51 and a beta of 0.18.

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.