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

Artemis Resources Limited (LON:ARV)’s stock price was up 39.4% 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 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 Stock Performance

The company has a market capitalization of £15.76 million, a P/E ratio of -1.44 and a beta of 0.18. The business’s fifty day simple moving average is GBX 0.45 and its 200-day simple moving average is GBX 0.37.

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.