Artemis Resources (LON:ARV) Trading Down 0.7% – Time to Sell?

Artemis Resources Limited (LON:ARV) shares traded down 0.7% during mid-day trading on Thursday . The company traded as low as GBX 0.28 and last traded at GBX 0.30. 5,780,909 shares changed hands during trading, a decline of 73% from the average daily volume of 21,676,840 shares. The stock had previously closed at GBX 0.30.

Artemis Resources Trading Down 0.7%

The company has a market cap of £11.24 million, a PE ratio of -1.03 and a beta of 0.18. The business has a 50 day simple moving average of GBX 0.30 and a two-hundred day simple moving average of GBX 0.30.

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.