Artemis Gold (ARTG) 주식 개요는 금 자산의 식별, 인수 및 개발에 중점을 두고 있습니다. 자세히 보기ARTG 펀더멘털 분석스노우플레이크 점수가치 평가4/6미래 성장6/6과거 실적4/6재무 건전성3/6배당0/6강점공정 가치 추정치보다 낮은 69.6% 에서 거래수익은 매년 34.33% 증가할 것으로 예상됩니다.올해부터 흑자전환분석가들은 주가가 75% 상승할 것이라는 데 동의합니다.위험 분석지난 3개월 동안 상당한 내부자 매도가 있었습니다.모든 위험 점검 보기ARTG Community Fair Values Create NarrativeSee what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN21.4% undervaluedAnalystLowTarget•9d agoHeavy Capital Burden And Cost Pressures Will Test Long Mine Life Upside Potential2701AN33.9% undervaluedAnalystConsensusTarget•4mo agoPhase Expansions And Stockpiled Ore Will Support Long Term Gold Production Potential15806Top Analyst NarrativesAN21.4% undervaluedAnalystLowTarget•9d agoHeavy Capital Burden And Cost Pressures Will Test Long Mine Life Upside Potential2701AN33.9% undervaluedAnalystConsensusTarget•4mo agoPhase Expansions And Stockpiled Ore Will Support Long Term Gold Production Potential15806View all narrativesArtemis Gold Inc. 경쟁사G Mining VenturesSymbol: TSX:GMINMarket cap: CA$10.2bOrla MiningSymbol: TSX:OLAMarket cap: CA$5.9bK92 MiningSymbol: TSX:KNTMarket cap: CA$6.0bHeliostar MetalsSymbol: TSXV:HSTRMarket cap: CA$563.8m가격 이력 및 성과Artemis Gold 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$31.7052주 최고가CA$48.8052주 최저가CA$20.96베타1.551개월 변동-18.74%3개월 변동-21.86%1년 변동45.55%3년 변동615.58%5년 변동381.76%IPO 이후 변동3,070.00%최근 뉴스 및 업데이트새로운 내러티브 • May 12Heavy Capital Burden And Cost Pressures Will Test Long Mine Life Upside PotentialCatalysts About Artemis Gold Artemis Gold is a gold producer focused on the Blackwater open pit mine and related expansion projects in British Columbia, Canada. What are the underlying business or industry changes driving this perspective?공시 • Apr 10+ 1 more updateArtemis Gold Inc. Maintains Production Guidance for the Full Year 2026Artemis Gold Inc. maintained production guidance for the full year 2026. For the year, the Company is maintaining its full year production guidance of 265,000 to 290,000 ounces of gold, with plans to make up for the unplanned downtime experienced in Q1.공시 • Mar 20+ 1 more updateArtemis Gold Inc. Provides Production Guidance for the Full Year 2026Artemis Gold Inc. provided production guidance for the full year 2026. The company is maintaining its full year production guidance of 265,000 to 290,000 ounces of gold with plans to make up for the First Quarter production shortfall due to the unplanned event. First Quarter 2026 production will be lower than originally anticipated as a result of the interruption.공시 • Mar 17Artemis Gold Inc. Appoints George Salamis to Board of Directors, Effective March 16, 2026Artemis Gold Inc. announces the appointment of Mr. George Salamis to the Board of Directors, effective March 16, 2026. Mr. Salamis is an experienced director and seasoned mining executive with over 30 years of international leadership in the mining and resource exploration sector. He is currently the President, CEO and Director of Integra Resources, a growing precious metals producer in the Great Basin of the Western United States. He has an excellent track record of building resource companies and unlocking value through resource project development and managing major producing operations. Mr. Salamis holds a B.Sc. in Geology from the Université de Montréal. Concurrent with his appointment as an independent director of the Company, Mr. Salamis is also appointed as a member of the Company's nominating and corporate governance committee and the health, safety, environment and social performance committee.공시 • Mar 13+ 1 more updateArtemis Gold Inc. Faces Unplanned Mill Shutdown At Blackwater MineArtemis Gold Inc. reported an unplanned production outage at its Blackwater Mine due to the failure of a ball mill gearbox that occurred on March 11, 2026. The company has a suitable replacement spare gearbox available. The current estimated time to complete repairs and restart mill operations is between 8 and 10 days. Plans are currently underway to make use of this interruption in milling operations to carry out various maintenance activities that were originally planned for early Second Quarter 2026. Mining related activities are continuing normally. Production in First Quarter 2026 is expected to be lower than originally anticipated as a result of this mill outage.Recent Insider Transactions • Mar 01President recently sold CA$616k worth of stockOn the 25th of February, Jeremy Langford sold around 15k shares on-market at roughly CA$41.05 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$11m. Jeremy has been a net seller over the last 12 months, reducing personal holdings by CA$4.1m.더 많은 업데이트 보기Recent updates새로운 내러티브 • May 12Heavy Capital Burden And Cost Pressures Will Test Long Mine Life Upside PotentialCatalysts About Artemis Gold Artemis Gold is a gold producer focused on the Blackwater open pit mine and related expansion projects in British Columbia, Canada. What are the underlying business or industry changes driving this perspective?공시 • Apr 10+ 1 more updateArtemis Gold Inc. Maintains Production Guidance for the Full Year 2026Artemis Gold Inc. maintained production guidance for the full year 2026. For the year, the Company is maintaining its full year production guidance of 265,000 to 290,000 ounces of gold, with plans to make up for the unplanned downtime experienced in Q1.공시 • Mar 20+ 1 more updateArtemis Gold Inc. Provides Production Guidance for the Full Year 2026Artemis Gold Inc. provided production guidance for the full year 2026. The company is maintaining its full year production guidance of 265,000 to 290,000 ounces of gold with plans to make up for the First Quarter production shortfall due to the unplanned event. First Quarter 2026 production will be lower than originally anticipated as a result of the interruption.공시 • Mar 17Artemis Gold Inc. Appoints George Salamis to Board of Directors, Effective March 16, 2026Artemis Gold Inc. announces the appointment of Mr. George Salamis to the Board of Directors, effective March 16, 2026. Mr. Salamis is an experienced director and seasoned mining executive with over 30 years of international leadership in the mining and resource exploration sector. He is currently the President, CEO and Director of Integra Resources, a growing precious metals producer in the Great Basin of the Western United States. He has an excellent track record of building resource companies and unlocking value through resource project development and managing major producing operations. Mr. Salamis holds a B.Sc. in Geology from the Université de Montréal. Concurrent with his appointment as an independent director of the Company, Mr. Salamis is also appointed as a member of the Company's nominating and corporate governance committee and the health, safety, environment and social performance committee.공시 • Mar 13+ 1 more updateArtemis Gold Inc. Faces Unplanned Mill Shutdown At Blackwater MineArtemis Gold Inc. reported an unplanned production outage at its Blackwater Mine due to the failure of a ball mill gearbox that occurred on March 11, 2026. The company has a suitable replacement spare gearbox available. The current estimated time to complete repairs and restart mill operations is between 8 and 10 days. Plans are currently underway to make use of this interruption in milling operations to carry out various maintenance activities that were originally planned for early Second Quarter 2026. Mining related activities are continuing normally. Production in First Quarter 2026 is expected to be lower than originally anticipated as a result of this mill outage.Recent Insider Transactions • Mar 01President recently sold CA$616k worth of stockOn the 25th of February, Jeremy Langford sold around 15k shares on-market at roughly CA$41.05 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$11m. Jeremy has been a net seller over the last 12 months, reducing personal holdings by CA$4.1m.Major Estimate Revision • Feb 26Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from CA$1.58b to CA$1.66b. EPS estimate fell from CA$2.97 to CA$2.31 per share. Net income forecast to grow 53% next year vs 30% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$54.62. Share price rose 9.8% to CA$43.08 over the past week.공시 • Feb 20+ 1 more updateArtemis Gold Inc. Plans Increase This Base Quarterly Dividend in 2027Artemis Gold Inc. plans to increase this base quarterly dividend to $0.08 per share in 2027, or $0.32 per share annually.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CA$39.48, the stock trades at a trailing P/E ratio of 44.2x. Average forward P/E is 7x in the Metals and Mining industry in Canada. Total returns to shareholders of 714% over the past three years.공시 • Jan 27Artemis Gold Inc. announced that it expects to receive CAD 450 million in fundingArtemis Gold Inc. announced that it has issued a private placement offering of senior unsecured notes of principal amount of CAD 450 million on January 26, 2026. The 5-year senior unsecured notes are due in 2031. The notes will bear an interest at 5.625% per annum and includes a standard two-year non-call period. The notes will be issued at par under a trust indenture and will be direct senior unsecured obligations of Artemis Gold ranking equal with all other present and future senior unsecured indebtedness of the company. The deal is expected to close on or about February 3, 2026, subject to satisfaction of customary closing conditions.Recent Insider Transactions • Jan 21Chief ESG Officer recently sold CA$480k worth of stockOn the 19th of January, Candice Alderson sold around 12k shares on-market at roughly CA$40.00 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$746k. Insiders have been net sellers, collectively disposing of CA$7.3m more than they bought in the last 12 months.공시 • Jan 15+ 1 more updateArtemis Gold Inc. to Report Fiscal Year 2025 Results on Feb 18, 2026Artemis Gold Inc. announced that they will report fiscal year 2025 results After-Market on Feb 18, 2026Recent Insider Transactions • Dec 24Independent Director recently sold CA$746k worth of stockOn the 19th of December, Elise Rees sold around 20k shares on-market at roughly CA$37.31 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$6.6m more than they bought in the last 12 months.Major Estimate Revision • Dec 22Consensus revenue estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CA$916.3m to CA$1.01b. EPS estimate unchanged from CA$3.33 at last update. Metals and Mining industry in Canada expected to see average net income growth of 39% next year. Consensus price target up from CA$46.40 to CA$47.89. Share price rose 3.8% to CA$38.19 over the past week.분석 기사 • Dec 08Calculating The Intrinsic Value Of Artemis Gold Inc. (CVE:ARTG)Key Insights Using the 2 Stage Free Cash Flow to Equity, Artemis Gold fair value estimate is CA$39.49 Current share...공시 • Nov 06Artemis Gold Inc. Maintains Production Guidance for the Full Year of 2025Artemis Gold Inc. maintained production guidance for the full year of 2025. For the year, the company's original production guidance of 190,000 ounces to 230,000 ounces of gold produced is maintained. Based on year-to-date production through the third quarter, the Company expects to achieve guidance in the lower half of that range. This is primarily due to higher than anticipated mill downtime as the Company continued to uncover and correct deficiencies associated with the design and construction work by its former EPC contractor, together with lower than originally planned recoveries.공시 • Nov 01Artemis Gold Inc. Announces Regional Exploration Drill ProgramArtemis Gold Inc. announced the commencement of a regional exploration drill program on its approximately 1,500 square kilometre land package in central British Columbia. An initial $5 million program has started and will include 15,000 to 25,000 metres of drilling in up to 150 holes. The initial program will extend into early 2026 and will focus on high priority targets defined by prior regional exploration. As part of this review, machine-learning algorithms were used to identify prospective patterns within these datasets and predict geological domains and potential zones of mineralization. This led to the identification and ranking of more than 30 epithermal and porphyry targets through this combined exercise and the recommendation to further drill test these targets.공시 • Oct 15Artemis Gold Inc. Announces Management AdditionsArtemis Gold Inc. announced the additions of Tony Scott as Chief Business Development Officer and James Woeller as Vice President Business Development and Improvement, effective immediately.Mr. Scott will be responsible for overseeing the business improvement, technical services, exploration and corporate development functions of the Company, including strategic business planning and identifying future district growth options. Mr. Woeller will be responsible for leading the business improvement and corporate development functions for the Company, with a focus on asset optimization, business planning and future growth opportunities. Mr. Scott brings more than 25 years of experience to the Company and has enjoyed a notable career in the metals and mining industry including increasingly senior positions with Placer Dome and Teck Resources. Mr. Scott is also very familiar with the Blackwater Mine, having completed technical due diligence on the project on behalf of Macquarie Bank Limited where he was a Managing Director in their metals and energy group. Most recently, Mr. Scott was Senior Vice President Corporate Development and Technical Services with Gatos Silver Inc. (‘Gatos’), where he worked closely with Artemis Gold's CEO, Dale Andres, until Gatos' recent acquisition for USD 970 million. Mr. Scott holds a Bachelor of Engineering in Mining Geology from Curtin University's Western Australian School of Mines, is a Professional Geologist and a qualified person under National Instrument 43-101. Mr. Woeller joins the Company after having most recently served as Vice President Corporate Development and Business Improvement at Gatos. Mr. Woeller began his career with Teck Resources, rising through the ranks to Director, Strategy and Business Analysis. Mr. Woeller holds a Bachelor of Applied Science in Mining Engineering from Queen's University, a Master of Science in Mineral Economics from the Colorado School of Mines and is a CFA charter holder.공시 • Oct 07Artemis Gold Inc. to Report Q3, 2025 Results on Nov 04, 2025Artemis Gold Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025Buy Or Sell Opportunity • Sep 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 45% to CA$36.49. The fair value is estimated to be CA$30.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 167% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 479% in 2 years. Earnings are forecast to grow by 973% in the next 2 years.공시 • Sep 16Artemis Gold Inc. Announces 33% Increase to Phase 1 Processing Plant Capacity At Blackwater Mine and Places Order for Long-Lead Equipment for Phase 2 ExpansionArtemis Gold Inc. announced plans to upgrade the current Blackwater Mine processing plant ("Phase 1"), increasing nameplate capacity by 33% from 6 million tonnes per year ("Mtpa") to 8 Mtpa by fourth quarter 2026 ("Phase 1A"). Updates to the mine plan for both Phase 1A and Phase 2 are currently underway to assess the impact on production. Updated production and cost metrics for both Phase 1A and phase 2 will be presented once the mine plan updates are complete and the Phase 2 expansion project and execution plan has been finalized, expected in fourth quarter 2025.Recent Insider Transactions • Sep 12Executive Chairman recently sold CA$6.2m worth of stockOn the 5th of September, Steven Dean sold around 200k shares on-market at roughly CA$30.94 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Steven's only on-market trade for the last 12 months.New Risk • Aug 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 1.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.공시 • Aug 13Artemis Gold Inc. Reaffirms Earnings Guidance for the Fiscal Year 2025Artemis Gold Inc. reaffirmed earnings guidance for the fiscal year 2025. For the year, company is on track to achieve its previously stated production guidance for fiscal 2025 of 190,000 to 230,000 ounces of gold, including 160,000 to 200,000 ounces during the post-commercial production period at AISC1 of USD 670 to USD 770 per ounce.공시 • Jul 14Artemis Gold Inc. to Report Q2, 2025 Results on Aug 12, 2025Artemis Gold Inc. announced that they will report Q2, 2025 results After-Market on Aug 12, 2025분석 기사 • Jul 14Returns Are Gaining Momentum At Artemis Gold (CVE:ARTG)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Recent Insider Transactions • Jun 29CEO & Director recently bought CA$296k worth of stockOn the 27th of June, Dale Andres bought around 13k shares on-market at roughly CA$23.70 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Dale has been a buyer over the last 12 months, purchasing a net total of CA$426k worth in shares.공시 • Jun 20+ 1 more updateArtemis Gold Inc. Appoints Dale Andres as Director, Effective June 23, 2025Artemis Gold Inc. announced the following management changes: Mr. Dale Andres has been appointed as Director of the Company, effective June 23, 2025. Mr. Andres has been a non-executive director of the Company since May 9, 2023. Mr. Andres is a seasoned mining executive with more than 30 years of international experience in the resource industry, most recently serving as Chief Executive Officer and Director of Gatos Silver Inc. until its recent acquisition for USD 970 million. Prior to this, Mr. Andres enjoyed a distinguished career of increasing executive responsibility within Teck Resources Limited including serving as Senior Vice President, Base Metals, Senior Vice President, Copper, and Vice President, Gold and International Mining. Mr. Andres holds a Bachelor of Science degree in Mining Engineering from Queen's University, as well as a Graduate Diploma in Business Administration from Simon Fraser University. Mr. Steven Dean, founder of the Company, will continue with the Company as Executive Chair and Director. Mr. Jeremy Langford will continue with the Company as President, now with a sole focus on business growth, asset optimization, and development.Recent Insider Transactions Derivative • Jun 06CFO & Corporate Secretary exercised options to buy CA$4.8m worth of stock.On the 4th of June, Gerrie van der Westhuizen exercised options to buy 181k shares at a strike price of around CA$5.72, costing a total of CA$1.0m. This transaction amounted to 515% of their direct individual holding at the time of the trade. Since March 2025, Gerrie's direct individual holding has increased from 27.10k shares to 35.24k. Company insiders have collectively bought CA$9.9m more than they sold, via options and on-market transactions, in the last 12 months.공시 • Jun 05Artemis Gold Inc., Annual General Meeting, Aug 14, 2025Artemis Gold Inc., Annual General Meeting, Aug 14, 2025. Location: british columbia, vancouver CanadaRecent Insider Transactions Derivative • Jun 02COO & President exercised options to buy CA$4.2m worth of stock.On the 26th of May, Jeremy Langford exercised options to buy 192k shares at a strike price of around CA$5.39, costing a total of CA$1.0m. This transaction amounted to 27% of their direct individual holding at the time of the trade. Since December 2024, Jeremy's direct individual holding has increased from 542.00k shares to 725.25k. Company insiders have collectively bought CA$9.1m more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions Derivative • May 18COO & President exercised options to buy CA$3.4m worth of stock.On the 13th of May, Jeremy Langford exercised options to buy 171k shares at a strike price of around CA$6.44, costing a total of CA$1.1m. This transaction amounted to 31% of their direct individual holding at the time of the trade. Since December 2024, Jeremy's direct individual holding has increased from 542.00k shares to 554.20k. Company insiders have collectively bought CA$7.1m more than they sold, via options and on-market transactions, in the last 12 months.공시 • May 02Artemis Gold Announces Commercial Production Guidance for the Second Half of 2025 and Year Ending December 31, 2025Artemis Gold announced commercial production guidance for the second half and year ending December 31, 2025. For the second half of 2025, the Company expects production of 130,000-160,000 ounces of gold at estimated AISC of USD 645-USD 725 per ounce. AISC is expected to be slightly higher during the two months remaining in Second Quarter 2025 due to the continued ramp up in production over that period. For the full year ending December 31, 2025, the company expects to produce 160,000-200,000 ounces of gold at all-in sustaining costs (AISC) of USD 670-USD 770 per ounce, bringing forecast production for the financial year 2025 to 190,000-230,000 ounces of gold.공시 • Jan 22Artemis Gold Commences Processing of Ore at the Blackwater MineArtemis Gold Inc. announced that commissioning of the grinding circuit at the Blackwater Mine has advanced and the Company has commenced milling first ore this week. As announced in December 2024, the Company continues to target first gold pour during January 2025.공시 • Jan 01Artemis Gold Inc. Provides Update on Blackwater MineArtemis Gold Inc. provided an update on progress at the Blackwater Mine. The Company has experienced unexpected delays with the configuration of and communication within the process control network and encountered constrained vendor availability during the holiday season. As a result, the Company has not yet completed final commissioning of the wet plant and now expects to commence processing of ore through the ball mill and first gold pour in January 2025.Recent Insider Transactions • Nov 22COO & President recently bought CA$256k worth of stockOn the 20th of November, Jeremy Langford bought around 20k shares on-market at roughly CA$12.80 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jeremy has been a buyer over the last 12 months, purchasing a net total of CA$354k worth in shares.공시 • Nov 22Artemis Gold Inc. Feeds First Ore Through Commissioned Crushing Circuit at the Blackwater MineArtemis Gold Inc. provided an update on progress at the Blackwater Mine. The Company has continued to make significant progress and is now in the final stages of construction and commissioning. First ore has been fed to the processing facility's crushing circuits. Full handover of the crushing circuit from commissioning to the operations team is expected within the next few weeks. Mining operations in the open pit have commenced in the quarter. The production drilling and blasting contractor and explosives contractor are established at Blackwater, with the Company performing its initial open pit blasts as planned. The 225kV renewable grid power line and substation has been successfully commissioned and is now feeding the Blackwater site as planned. With the 25kV site-wide power reticulation almost complete, the Company expects to gradually shut down and demobilize the diesel power generation units across the site before the end of 2024. The tailings storage facility construction activity is complete and the TSF is ready for production as planned. The Company expects to feed first ore to the ball mill in the next few weeks and continues to target first gold pour before year end. The project remains fully funded.Board Change • Oct 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Dale Andres was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Oct 10Artemis Gold Provides Update on Progress At Blackwater MineArtemis Gold Inc. provides an update on progress at the Blackwater Mine. At September 30, 2024, overall construction of the Blackwater Mine was over 95% complete, the project is fully funded, and first gold pour is targeted for late Fourth Quarter 2024. The 135-kilometre long 225kV transmission line between the Blackwater Mine and BC Hydro's Glenannan substation is complete and was successfully energized with renewable grid power on October 8, 2024. Construction of the Tailings Storage Facility will be complete by the end of October 2024 in advance of commencement of ore commissioning of the plant. The initial mining fleet has been commissioned and pre-stripping of the mine, as well as the construction of haul roads, are well advanced, with first ore expected to be received to the run of mine ("ROM") pad over the course of the next month. In addition, Blackwater's operations camp is complete and has housed operational staff since late Third Quarter 2024. In order to accelerate the commissioning of the process facility to align with the other major construction milestones already achieved, the Company has taken responsibility for plant commissioning from the EPC contractor and will commence owner commissioning and remaining construction activity effective immediately. During the past 17 months, the Blackwater Mine has experienced two separate wildfire events which halted construction at site for a total of approximately one and a half months during the most productive months of the build. This resulted in additional fixed overhead drag on the project, and the benefit of operating cash flows has been deferred by the period of productive construction days lost. Management also invested in certain schedule acceleration initiatives to offset the delays, which have added to the cost of construction. Management has been working diligently on cost savings throughout its construction budget to minimize the impact of the cost drivers.Recent Insider Transactions Derivative • Jun 21Independent Lead Director exercised options to buy CA$5.7m worth of stock.On the 19th of June, W. Black exercised options to buy 556k shares at a strike price of around CA$1.08, costing a total of CA$600k. This transaction amounted to 58% of their direct individual holding at the time of the trade. Since March 2024, Black has owned 957.64k shares directly. Company insiders have collectively bought CA$1.4m more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions Derivative • Jun 09Independent Director exercised options to buy CA$403k worth of stock.On the 3rd of June, Lisa Ethans exercised options to buy 38k shares at a strike price of around CA$5.23, costing a total of CA$201k. This transaction amounted to 293% of their direct individual holding at the time of the trade. Since June 2023, Lisa's direct individual holding has increased from 13.10k shares to 51.43k. Company insiders have collectively bought CA$1.0m more than they sold, via options and on-market transactions, in the last 12 months.공시 • May 22Artemis Gold Inc., Annual General Meeting, Aug 01, 2024Artemis Gold Inc., Annual General Meeting, Aug 01, 2024. Location: british columbia, vancouver CanadaMajor Estimate Revision • May 03Consensus revenue estimates increase by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CA$19.1m to CA$24.0m. EPS estimate unchanged from -CA$0.12 at last update. Metals and Mining industry in Canada expected to see average net income growth of 14% next year. Consensus price target broadly unchanged at CA$13.15. Share price fell 5.1% to CA$8.59 over the past week.Major Estimate Revision • Apr 28Consensus EPS estimates fall by 50%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -CA$0.121 to -CA$0.182 per share. Revenue forecast of CA$19.1m unchanged since last update. Metals and Mining industry in Canada expected to see average net income growth of 11% next year. Consensus price target up from CA$12.44 to CA$13.17. Share price rose 6.3% to CA$9.05 over the past week.공시 • Apr 26Artemis Gold Inc. Provides First Quarter Update on Blackwater Mine Construction ProgressArtemis Gold Inc. provided an update on first quarter construction progress at the Blackwater Mine in central British Columbia. The project remains fully funded, within the guidance for initial capital expenditure, and on schedule for first gold pour in second half 2024. At March 31, 2024 overall construction was approximately 73% complete, and approximately CAD 523 million of the guided initial capital expenditure of CAD 730 to CAD 750 million had been spent. By the end of first quarter 2024, the Company had entered into contractual commitments for CAD 682 million (or 93% of the lower end of the guided initial capital expenditure). The majority of uncommitted expenditures relate to owners' cost and earthworks associated with mining pre-strip and construction of the tailings storage facility and other civil structures. Construction Update: Mild weather conditions in first quarter 2024 provided good, early access to infrastructure areas at the Blackwater Mine. Construction of major site water management facilities, including the water management pond, the central diversion system and the Davidson Creek diversion, have been completed. Work on the tailings storage facility dam is progressing well. Initial material placement has been successfully achieved, including tying into the surrounding topography, providing for optimal productivity moving into summer. Process Plant: At the end of March 2024, the Sedgman EPC contract work on the processing plant was approximately 84% complete overall, with engineering, design and procurement essentially complete. Process plant construction continues to progress well, particularly within steel erection and conveyor installation. Installation of mechanical equipment within the secondary and tertiary crushing circuits, as well as the screening station, was completed during the quarter. Notable achievements throughout the period included the installation of the ball mill, intensive leach reactor and the regeneration kiln, while installation of the gravity concentrator has commenced. All major tanks have been completed, including pre-leach, carbon-in-leach, and elution, and hydrotesting is underway. Concrete work is nearing completion with most of the major pours now completed including the primary crusher run-of-mine slab, crusher vault and ore stockpile reclaim tunnel. Erection of the reagents and mill buildings are in progress with cladding works planned to commence in April. Electrical and instrumentation activities are scaling up, with the installation of the main electrical room in the crushing circuit area now complete. Transmission Line: During first quarter 2024 the transmission line right-of-way clearing was completed. Construction contracts were awarded, and contractors mobilized to the region. Laydown areas and camp facilities have been established and civil foundation work and structure erection commenced. All electrical conductors have been delivered to site. Poles and hardware deliveries are in progress and sequenced to support the construction schedule. The line is being built in two parts, north and south of the Nechako River. The length of the northern section is approximately 50km and the southern section approximately 80km. Upgrades to the BC Hydro Glenannan substation are progressing to plan. Commissioning planning with BC Hydro is advancing as planned. Work associated with Blackwater's 25kV power distribution network has progressed according to plan with engineering at an issued-for-construction (IFC) level, procurement complete, and most materials on site. Pole foundations are 65% completed and pole erection has commenced. Assembly and commissioning of the owner's mining fleet continues to advance. Two 400-tonne hydraulic backhoe excavators, six 240-tonne rigid frame haul trucks and two large mining front-end loaders are fully assembled. The remainder of the fleet to support initial operations is on site and nearing completion. Additional units will be added to the fleet as operations ramp up.Major Estimate Revision • Mar 29Consensus revenue estimates decrease by 61%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CA$61.9m to CA$23.9m. EPS estimate unchanged from -CA$0.12 per share at last update. Metals and Mining industry in Canada expected to see average net income growth of 17% next year. Consensus price target down from CA$12.24 to CA$11.98. Share price rose 6.0% to CA$8.12 over the past week.New Risk • Jan 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 33% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$337m free cash flow). Earnings are forecast to decline by an average of 33% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$14m net loss next year). Shareholders have been diluted in the past year (2.8% increase in shares outstanding).공시 • Oct 26Artemis Gold Inc. Provides Third Quarter Update on Blackwater Mine Construction ProgressArtemis Gold Inc. provided an update on third quarter construction progress at the Blackwater Mine in central British Columbia. The project remains fully funded, within the guidance for initial capital expenditure, and on schedule for first gold pour in second half 2024. At September 30, 2023, overall construction was 45% complete, and approximately CAD 280 million of the guided initial capital expenditure of CAD 730 to CAD 750 million had been spent. The lag between the spend and percentage of completion is as planned and consistent with a typical project S-curve. Earthworks continued in priority infrastructure areas, with approximately 505 hectares logged and cleared. Over 90% of access roads needed for Phase 1 construction are now operable. Construction of the site water management facilities, including the water management pond and Davidson Creek diversion, is well advanced. Total major works man-hours worked up to September 30, 2023, were more than 440,000 man-hours with a zero LTIFR and an AIFR of 138.97. Process plant construction progressed well on a number of fronts, including the mill building foundation preparation, reagents building, ball mill pedestals, carbon in leach (CIL) tanks, and the primary, secondary, and tertiary crushers structures, as well as the reclaim tunnel civil works. Hydro testing of the first CIL tank has been completed. Construction of the run-of-mine (ROM) wall surpassed 75% complete at the end of September 2023 and is scheduled to be completed by the end of October 2023, with the ROM dump slab civil works scheduled to begin shortly thereafter. The construction fleet has been expanded to include 60- and 100-tonne rigid frame haul trucks and 150-tonne excavators, providing more material movement capability to key areas. Initial deliveries of the owner mining fleet are well advanced, including 400-tonne hydraulic backhoe excavators and three 240-tonne rigid frame haul trucks which have arrived and are in various stages of assembly. Fleet assembly is expected to be sufficiently advanced by year end in preparation for pre-stripping and earthworks support in 2024. The remainder of the fleet to support operations will arrive predominately in the first half of 2024. At the end of September 2023, the Sedgman EPC contract works passed 61% complete overall, with engineering and design over 95% complete. Procurement is 96% complete and progressing toward the conclusion of package awards. Key mechanical equipment packages are in various stages of delivery, including the primary, secondary and tertiary crushers and associated dry screens, while the wet plant vibrating screens, ADR plant, gravity concentrator(s) and intensive leach reactor are all on site. The major ball mill components, including the shell and head segments, are in transit and expected to arrive in October. The electrical machinery control centre fabrication is complete and will undergo factory testing in early fourth quarter 2023. Contracts are being finalized for explosives supply, mine fleet tire supply and the assay laboratory, while proposals for the oxygen plant and water treatment plants are in the final stages of being evaluated. Right-of-way clearing and construction of the 135km 225kV transmission line is scheduled to begin in fourth quarter 2023. With Phase 1 fully funded and 45% complete at the end of September 2023, a study to evaluate the benefits of advancing the Phase 2 expansion earlier than contemplated in the September 2021 Feasibility Study is progressing well. The results of this study are expected to be released in early 2024.공시 • Jul 18Artemis Gold Provides an Update on Impact of the Wildfires in Central B.C. on Blackwater MineArtemis Gold Inc. provide an update regarding the impact of an uncontrolled wildfire late last week in the Cariboo Regional District in the immediate vicinity of the Company's Blackwater Mine. As previously announced, Artemis Gold took proactive measures to temporarily reduce the number of non-essential staff and contractors early last week and all company staff and contractors are safe and accounted for. The Blackwater Mine site infrastructure remains intact, including the construction camp, process plant area, construction fleet and contractors' fleets. Damage to property has been minimal. The Company is now focused on plans to ramp back up to normal construction activities in the short term,subject to provincial regulation. Artemis Gold does not anticipate this incident will have a material impact on the Blackwater Mine construction schedule, and the Company continues to target first gold pour in H2 2024.Recent Insider Transactions • Jun 22Independent Director recently bought CA$229k worth of stockOn the 19th of June, Dale Andres bought around 50k shares on-market at roughly CA$4.58 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$62m more in shares than they have sold in the last 12 months.공시 • Jun 16Artemis Gold Announces Optimized Phase 1 Development of Blackwater MineArtemis Gold Inc. announced that as a result of internal engineering analysis, it has committed to additional investments as part of its Phase 1 development of the Blackwater Mine ("Blackwater") in order to facilitate the potential fast-tracking of the Phase 2 expansion. In support of these additional investments, the Company has amended the gold stream agreement with Wheaton Precious Metals Corp. ("Wheaton") which will provide an additional US$40 million (C$54million) in funding at a very low cost of capital. The additional investments during Phase 1 include additional structural steel and increased conveyor belt widths in the crushing circuits, as well as the introduction of variable-speed-drives to the ball mill. Electrical components have also been upgraded to facilitate the Phase 2 requirements and to include optionality in relation to the use of redundancy back-up power sources. Other optimizations include upsizing of the oxygen plant coupled with down-shaft-sparging of oxygen to the pre-leach and carbon-in-leach ("CIL") trains, along with the optimization of the CIL layout in order to facilitate non-intrusive expansion to Phase 2, as well as full conversion of the detoxification process to remove the need for tanker-supplied liquid sulphur dioxide.공시 • May 20Artemis Gold Inc., Annual General Meeting, Aug 10, 2023Artemis Gold Inc., Annual General Meeting, Aug 10, 2023.공시 • May 18Artemis Gold Inc. Provides Update on Site Activities at Blackwater MineArtemis Gold Inc. provided an update on activities at the Blackwater Mine site. Overview: Site works continue to progress with over 280 hectares logged and cleared including priority infrastructure areas such as topsoil areas, borrow source locations, the mine haul road network, and water management structures. Where required, the existing road network has been upgraded to allow access for heavy construction equipment to key infrastructure locations. A laydown area has been completed to accommodate the construction fleet, maintenance facilities, and construction offices and will serve as a key staging area for earthworks activities throughout the project construction. The construction camp has been completed, including the installation and commissioning of a wastewater treatment plant, expanding the site capacity to 420 persons. Additional accommodation dormitories are planned to be completed during second quarter of 2023, which will then raise the total camp capacity to in excess of 500 people. Construction Fleet: Key mobile construction equipment has been delivered to site, including excavators, backhoe loaders, compactors, grader, telehandlers, and a fuel and lube truck. Further to the delivery of the owner fleet, additional rental equipment has been mobilized to Blackwater Mine in alignment with the Company's construction plan. The earthworks fleet now contains approximately 35 individual pieces of equipment. Plant Site: Sedgman site mobilization activities continue to progress with the establishment of facilities for subcontractors well advanced. Bulk earthworks at the plant site are nearing completion and handover of the first work fronts has occurred. Detailed excavation for concrete civil works has commenced and the concrete batch plant has been commissioned. First concrete pour in the ball mill foundation has been completed. Reinforcing Steel (rebar) installation has commenced at the ball mill. Engineering and Procurement: As of the end of April 2023, Sedgman had completed approximately 73% of the detailed engineering for the processing plant. Over 90% of the procurement packages have been awarded, including all critical path items. The remaining procurement packages will be awarded in accordance with schedule requirements. Manufacturing of the process buildings is well advanced and initial shipments have started to arrive at the Blackwater Mine site. Other major equipment packages delivered to site to-date include the agitator shafts for the carbon-in-leach (CIL) tanks, as well as reinforcing bar for civil works activity (see photos enclosed). Personnel: The recruitment activities for Blackwater Mine have focused on hiring heavy equipment operators and key personnel for the bulk earthworks activities. Personnel numbers at the Blackwater Mine are increasing and currently there are over 200 staff and contractors working on-site. At the end of the first quarter of 2023, approximately 30% of on-site personnel were women and 31% of on-site personnel identified as Indigenous.공시 • May 11Artemis Gold Inc. Announces Executive ChangesArtemis Gold Inc. announced Appointment of Dale Andres as Independent Director in place of retiring Bill Armstrong. Mr. Dale Andres has been appointed to the Board of Directors of Artemis Gold effective immediately, replacing Mr. Bill Armstrong who is retiring from the Board for personal reasons. Mr. Andres has more than 30 years' experience in the resource industry and currently serves as Chief Executive Officer and Director of Gatos Silver Inc. Prior to this, Mr. Andres also enjoyed a distinguished career of increasing seniority within Teck Resources Limited where he served as Senior Vice President, Base Metals, Senior Vice President, Copper, Vice President, Copper Strategy and North American Operations, Vice President, Gold and International Mining, as well as General Manager, Underground Mines. Mr. Andres holds a Bachelor of Science degree in Mining Engineering from Queens University, as well as a Graduate Diploma in Business Administration from the Simon Fraser University.Recent Insider Transactions • Mar 19COO & President recently bought CA$145k worth of stockOn the 16th of March, Jeremy Langford bought around 30k shares on-market at roughly CA$4.80 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jeremy has been a buyer over the last 12 months, purchasing a net total of CA$365k worth in shares.Major Estimate Revision • Jan 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CA$390.0k to CA$500.0k. EPS estimate unchanged from -CA$0.08 at last update. Metals and Mining industry in Canada expected to see average net income decline 11% next year. Consensus price target down from CA$10.05 to CA$9.79. Share price rose 9.4% to CA$4.75 over the past week.공시 • Jan 04Artemis Gold Inc Announces Permitting & Site Works Progress UpdateArtemis Gold Inc. provides an update on progress toward obtaining its BC Mines Act Permit and advancing site works for the Company's Blackwater project ("Blackwater" or the "Project") in central British Columbia. Site works currently underway include, but are not limited to, the following activities: Logging, clearing and grubbing of the plant site area, and commencement of bulk earthworks, Installation of physical environmental controls, such as rapid infiltration basins and plant site permitter drainage channels; Advancement of the construction camp accommodations, which will expand capacity to support up to 475 on-site personnel; and Prioritized upgrades to selected infrastructure. In the process plant area, tree clearing activities, as well as other clearing and grubbing activities have been completed over the entire 23-hectare plant site footprint. A new contractor laydown area has been stripped, levelled, and graded with cut and fill earthworks well advanced throughout. Earthworks continues on the sediment and erosion control pond. This scope of work is well advanced and on track to be completed before the commencement of major works construction activities. Site levelling, pad preparation and bulk earthworks for the construction camp was completed as planned in Fourth Quarter 2022. Kitchen facilities have been placed with work well advanced. Accommodation module buildings, arctic corridors and gym facilities were all completed prior to end of Fourth Quarter 2022. The construction camp is on-track to be completed prior to the commencement of major works construction activities. The Company is also advancing required upgrades to site which include running buried and surface pipelines from selected water wells, and upgrades to its sewage infrastructure in order to accommodate planned head count capacity at site for major works construction activities. The Company has also completed upgrades to fire suppression, Heating Ventilation and Air Conditioning (HVAC) and associated electrical facilities at site.공시 • Dec 09+ 1 more updateArtemis Gold Inc. Announces Executive ChangesArtemis Gold Inc. announced that Jeremy Langford has been appointed as President in addition to his role of Chief Operating Officer, effective January 1, 2023, reflecting his increased scope and organizational responsibilities within the Company. Mr. Langford's appointment reflects his outstanding leadership since joining Artemis in 2021 in advancing the Company's Blackwater Gold Project through the feasibility stage and towards permitting and commencement of major works construction activities at Blackwater. The Company also announced that it has appointed Gerrie van der Westhuizen to Corporate Secretary of the Company effective January 1, 2023. For the past two years Mr. Van der Westhuizen has been serving exceptionally as the VP Finance and Assistant Corporate Secretary, managing the finance function for the Company in respect of strategic financial analysis and planning, treasury & debt management, budgeting, financial reporting, and business processes & related controls. Mr. Chris Batalha, who has been the Corporate Secretary since the inception of the Company in 2019, has provided his notice of resignation from the Company effective December 31, 2022, for personal reasons. Mr. Batalha will continue to work with the Company for a period of transition into the new year, after which he will retain an advisory role with the Company.Major Estimate Revision • Oct 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from CA$570.0k to CA$430.0k. EPS estimate increased from -CA$0.13 to -CA$0.08 per share. Metals and Mining industry in Canada expected to see average net income growth of 0.4% next year. Consensus price target down from CA$10.60 to CA$9.91. Share price fell 5.6% to CA$4.07 over the past week.Recent Insider Transactions • Oct 22Non-Independent Director recently bought CA$60m worth of stockOn the 14th of October, Ryan Beedie bought around 13m shares on-market at roughly CA$4.50 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$60m more in shares than they have sold in the last 12 months.공시 • Oct 06Artemis Gold Inc. announced that it expects to receive CAD 175.005 million in fundingArtemis Gold Inc. announced that it will issue 19,112,000 common shares at an issue price of CAD 4.50 per share for proceeds of CAD 86,004,000 on bought-deal offering basis and a non-brokered offering consisting of up to 19,778,000 common shares at an issue price of CAD 4.50 for proceeds of CAD 89,001,000 for aggregate gross proceeds of up to CAD 175,005,000 on October 5, 2022. The transaction will include participation from certain management, insiders and shareholders in non-brokered offering. The offering is expected to close on October 14, 2022. The closing of the offering is subject to certain conditions, including but not limited to, the company receiving the approval of the TSX Venture Exchange.공시 • Sep 30Artemis Gold Inc. Announces Commencement of Blackwater Plant Site EarthworksArtemis Gold Inc. announced that the Company has fulfilled all EA conditions required to commence site preparation work at the plant site for the Blackwater project. With the satisfaction of all EA conditions, Artemis has now commenced early works including site clearing, bulk earthworks and sediment/erosion control works to prepare the Blackwater plant site for the start of major works construction activities in First Quarter 2023.Board Change • Jul 31High number of new directorsIndependent Director Lisa Ethans was the last director to join the board, commencing their role in 2021.공시 • Jul 16Artemis Gold Inc., Annual General Meeting, Oct 04, 2022Artemis Gold Inc., Annual General Meeting, Oct 04, 2022.Recent Insider Transactions • Jun 04Vice President of Capital Markets recently sold CA$276k worth of stockOn the 30th of May, Nicholas Campbell sold around 50k shares on-market at roughly CA$5.51 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.2m more than they bought in the last 12 months.Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Bill Armstrong is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Recent Insider Transactions • Mar 13Vice President of Capital Markets recently sold CA$211k worth of stockOn the 10th of March, Nicholas Campbell sold around 30k shares on-market at roughly CA$7.02 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$784k more than they bought in the last 12 months.Board Change • Dec 31High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Non-Independent Director Ryan Beedie is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Recent Insider Transactions • Dec 08Vice President of Capital Markets recently sold CA$666k worth of stockOn the 6th of December, Nicholas Campbell sold around 102k shares on-market at roughly CA$6.52 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$186k more than they bought in the last 12 months.공시 • Sep 14Artemis Gold Inc. Announces Feasibility Study for Blackwater ProjectArtemis Gold Inc. announced the results of its 2021 Feasibility Study for the staged development of the 100% owned Blackwater Gold Project in central British Columbia. The results of the Study supersede the 2020 Prefeasibility Study ("2020 PFS") dated August 26, 2020 entitled "Blackwater Gold Project British Columbia NI 43-101 Technical Report on Pre-Feasibility Study" filed on SEDAR by Artemis on September 18, 2020. The results of the FS reflect several positive changes in the approach to the planned development of the Blackwater Project compared with the 2020 PFS. The scope changes incorporated in the Study include: Higher initial throughput: Phase 1 throughput has been expanded 9% to 6 million tonnes per annum ("Mtpa") with a larger crushing circuit, providing greater operational throughput upside potential in the early years, up from 5.5Mtpa in the 2020 PFS. Streamlined Phase 2 & 3 Expansions: a greatly reduced footprint of the FS Stage 1 facility, and the installation of a higher-capacity gyratory crusher in the proposed Stage 1 development. Importantly this allows for a streamlined and construction-ready approach to the Phase 2 Expansion throughput of 12Mtpa. The increase in up-front investment of CAD 53 million reduces expansion capital to: CAD 347 million (a reduction of CAD 79 million from CAD 426 million in the 2020 PFS) for the Phase 2 expansion to 12Mtpa. CAD 374 million (a reduction of CAD 24 million from CAD 398 million in the 2020 PFS) for the Phase 3 expansion to 20Mtpa. Net impact is a slight increase in total life of mine ("LOM") capital to fund the 3 Phases of development to CAD 1,417 million, up from CAD 1,415 million in the 2020 PFS. Accelerated Phase 2 & Phase 3 expansions: Phase 2 expansion begins with an expansion to 9Mtpa in year 5 (up from 5.5Mtpa in year 5 in the 2020 PFS), ramping up to 12Mtpa in year 6. Phase 3 expansion begins with an expansion to 15Mtpa in year 10 (up from 12Mtpa in year 10 in the 2020 PFS), ramping up to 20Mtpa in year 11; An Environment, Social Governance ("ESG") commitment in the Stage 1 development phase: an initial investment to replace diesel and propane-powered components within the process plant facility reduces the carbon footprint of the Project; Phase 3 throughput of 20Mtpa is supported by two mineral processing trains, reduced from three in the 2020 PFS: results in lower overall maintenance and labour costs, with improved economies of scale at higher throughput rates; Estimate accuracy increased with reduced risk: the FS costing accuracy has improved to +15% /-10% (from +25%/-10% in the 2020 PFS). Engineering undertaken in connection with the guaranteed maximum price ("GMP") memorandum of understanding ("MOU") on each of the process plant and the power transmission line have de-risked these components since the 2020 PFS. The achievement of negotiated fixed-price EPC contracts for these components of capital cost (targeted for Fourth Quarter 2021/Q1 2022) will also mitigate the potential for capital cost and schedule overruns on up to approximately 50% of the initial development capital estimate; Compelling economics even after reflecting current inflationary pressures, timelines and additional management driven environmental investments: the initial development capital has increased 9% to CAD 645 million, up from CAD 592 million, which provides a 9% increase in Phase 1 annual throughput, with current pricing, and environmental investments. The net result is an after-tax net present value at a 5% discount rate ("NPV5%") of CAD 2.15 billion, an after-tax Internal rate of return ("IRR") of 32%, and an after-tax payback period of 2.3 years, essentially in line with the 2020 PFS. Key Economic Outputs of the Study: Base case after-tax NPV5% of CAD 2.15 billion reflecting current market consensus long term forecast gold price of USD 1,600/oz and 0.79 USD/CAD exchange rate (CAD 2,025/oz, effectively the same CAD gold price as the 2020 PFS of CAD 2,028/oz) increasing to CAD 2.76 billion at a USD 1,800/oz gold price; Base case after-tax IRR of 32%, approximating the 2020 PFS after-tax IRR of 35% after incorporating higher initial development capital and ESG investments. Levered1 after-tax IRR of 43%; Initial development capital cost of CAD 645 million to develop a 6Mtpa Phase 1 open pit mining and processing operation (up from a 5.5Mtpa operation in the 2020 PFS); Exceptional after-tax payback period on initial capital cost of 2.3 years; Optimized mine plan increases average grade to 1.62 g/t Au over the first five years of production, up from 1.57 g/t Au in the 2020 PFS, combined with average throughput of 6.6Mtpa increases average annual gold production by 29% (compared with the 2020 PFS) to 321,000 ounces of gold at an all-in sustaining cash cost ("AISC2") of CAD 732/oz generating annual free cash flow ("FCF3") of CAD 301 million.공시 • Jul 16Province Approves Early Works Permit for Artemis Gold's Blackwater ProjectThe Province of British Columbia and Artemis Gold Inc. ("Artemis" or the "Company") announced the approval of Mines Act Permit M-246 allowing for early construction works at the Company's Blackwater Gold project in Central British Columbia ("Blackwater" or the "Project"). The approval of the early works permit is the first step required for mine construction, allowing for the necessary site preparation and land clearing work to begin. The Blackwater mine is estimated to be the larger gold mine development project in the Cariboo region of B.C. in the last decade, supporting regional employment over 25 years, including the construction period, with the potential for that to be extended through further exploration. Blackwater is to be connected to the BC Hydro grid, which is powered by hydro-electricity providing it with a sustainable source of low-carbon power, with the potential to produce gold and silver with one of the lowest GHG emissions from an open pit in the world.공시 • Jun 24Artemis Provides Final Results of Grade Control Drilling of High-Grade Near Surface MineralizationArtemis Gold Inc. provided a final report on the results of its Grade Control drilling program (the "Program") targeting the planned high- grade starter pit at the company's Blackwater Gold project in Central British Columbia, Canada ("Blackwater" or the "Project"). With all of the final assay results now completed and interpreted, the Program has significantly increased confidence in the elevated gold grades within the wide, near surface mineralization in the target area earmarked for the first year of operations at Blackwater. Based on the results, the Program supports the elevated gold grades at the beginning of the mine life as outlined in the 2020 Pre-Feasibility Study for Blackwater ("Blackwater Gold Project British Columbia NI 43- 101 Technical Report on Pre-Feasibility Study" with an effective date of August 26, 2020. The Program consisted of 561 holes and 33,216 m of reverse circulation ("RC") drilling, which commenced in mid- November 2020 and concluded at the end of March 2021, one month ahead of schedule. The Program was designed to bring the drill density from up to 50 x 50m diamond drill hole ("DDH") spacing down to 12.5 x 12.5m spacing, generating up to 16 times the data when compared to the reserve definition drill program conducted by the Project's previous owner, New Gold Inc. The Program targeted a zone within the first 60 m (six mining benches) from surface containing in excess of five million tonnes of high-grade ore to improve short-term mine planning at the start of production. In production, Artemis plans a continuous grade control drilling program targeting mine blocks 9-12 months ahead of ore production to the mill to maintain this discipline throughout the life of mine operations. The LeachWELLTM assay method was selected to increase the sample size from a more standard 50g to 1,000g sample, which reduces variability and increases repeatability of assay results. Additionally, the eachWELLTM method increases the understanding of leachability of the orebody with the information feeding directly into the process design. Extensive duplicate analyses highlight excellent LeachWELLTM repeatability of assay results and recoverable gold and silver. Of the total samples assayed, 1,207 samples were also assayed for residue gold and silver concentration in the LeachWELLTM residues, resulting in a calculated overall recovery of 96.5% for gold and 69.3% for silver. Including the previously released results, the Program has also confirmed excellent continuity of mineralization. Drill sampling consisted of reverse circulation drill cuttings being collected at a drill mounted Metzke rotating cone splitter by Artemis personnel on 3 m intervals. Samples were placed into bags and further split at the Blackwater sampling facility to 3 kg sample size using a jones riffle splitter. Samples were tagged with barcodes, placed in a sample crate and a laboratory dispatch form was completed. Samples were stored in a secure location prior to shipping. Chain-of-custody procedures consisted of filling out sample submittal forms that were sent to the laboratory with sample shipments to make certain that all samples were received by the laboratory. Sample preparation and analysis were performed by SGS Canada Inc. ("SGS"), located in Burnaby, British Columbia, Canada. SGS holds ISO/IEC accreditation for selected sample preparation and analytical techniques and is independent of the Company. Sample preparation consisted of drying, crushing and pulverizing to 75% passing 75 µm. Gold and silver analyses were performed using a 5-hour 1,000 g LeachWELLTM method with an inductively coupled plasma mass spectrometry finish (ICP-MS). The representativeness of the LeachWELLTM analytical technique to a mineral deposit is dependent on the leaching characteristics of the material submitted. As no certified standard reference material had been prepared from the same material that was to be leached, no standard reference materials were inserted in the grade control sample stream to directly monitor analytical precision. Precision checks consisted of comparisons to results from split samples using 50 g fire assay methods, comparison of data to existing diamond drill holes and review of SGS laboratory standards. Additionally, LeachWELLTM tails solids were consistently checked for non leachable gold and silver using 50 g fire assay for gold and 2 g 4-acid digestion for silver. The Company randomly inserted blank and duplicate samples into the sample stream as part of the quality assurance and quality control (QA/QC) monitoring for the Program at an insertion rate of ~14%. These samples had closely monitored contamination, splitter functionality and analytical repeatability, respectively.Recent Insider Transactions • Jun 03Vice President of Capital Markets recently bought CA$92k worth of stockOn the 1st of June, Nicholas Campbell bought around 14k shares on-market at roughly CA$6.59 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$918k more in shares than they have sold in the last 12 months.공시 • May 26Artemis Gold Inc. announced that it has received CAD 56.12 million in fundingOn May 25, 2021, Artemis Gold Inc. (TSXV:ARTG) closed the transaction. The company has received the approval from the TSX Venture Exchange and remains subject to final approval by the TSX-V. After the closing of the Non-Brokered private placement, the Company’s cash and cash equivalents balance is approximately CAD 204 million. The transaction included participation from insiders which purchased 9,002,700 Common Shares pursuant to non-brokered private placement.공시 • May 21Artemis Gold Inc. announced that it expects to receive CAD 56.12 million in fundingArtemis Gold Inc. (TSXV:ARTG) announced a non-brokered private placement of up to 9,200,000 common shares at a price of CAD 6.10 per share for gross proceeds of up to CAD 56,120,000. The transaction will include participation from insiders and employees of the Company. The transaction is expected to close by close by the end of next week. Closing of the transaction is subject to certain conditions, including but not limited to, the Company receiving the approval of the TSX Venture Exchange.공시 • May 05Artemis Provides Interim Results of Grade Control Drilling of High-Grade Near Surface MineralizationArtemis Gold Inc. provided an update to its Grade Control drilling program that commenced in Fourth Quarter 2020 targeting the planned high-grade starter pit at the Company's Blackwater Gold project in Central British Columbia, Canada ("Blackwater" or the "Project"). To date, results from the Program provide significantly increased confidence in the target area earmarked for the first year of operations at Blackwater compared with the corresponding area in the Company's mineral resource estimate as contained in the Company's 2020 PFS (defined below). The Program was designed to bring the drill density from up to 50 x 50m core spacing down to 12.5 x 12.5m spacing, generating up to 16 times the data when compared to the New Gold reserve definition drill program. This Program has targeted a zone within the first 60 m (six mining benches) from surface containing in excess of five million tonnes of high-grade ore to improve short-term mine planning at the start of production. The other primary objectives of the Program were to: Optimize the grade selectivity and mine schedule for managing the ore tonnes and grade to be processed in the first year of operations; More accurately delineate ore and waste boundaries to mitigate dilution; Optimize drill and blast designs; Provide a larger sample size to reduce grade variability. The Program consisted of 561 holes and 33,216 m of reverse circulation ("RC") drilling, which commenced in mid-November 2020 and concluded at the end of March 2021, one month ahead of schedule. The associated assaying work is ongoing, with all samples dispatched for analysis to SGS Canada Inc. ("SGS") in Burnaby, B.C. To date, a total of 9,286 assays or approximately 75% of the total samples dispatched have been returned, confirming the planned high-grade early mining phase for Blackwater The LeachWELL assay method was selected to increase the sample size from a more standard 50g to one kilogram sample which reduces variability and increases repeatability of assay results. Additionally, the LeachWELL method increases the understanding of leachability of the orebody with the information feeding directly into the process design. Extensive duplicate analyses highlight excellent LeachWELLTM repeatability of assay results and recoverable gold and silver. To date, 849 samples were assayed for residue gold and silver concentration in the LeachWELL residues, resulting in a calculated overall recovery of 96.7% for gold and 72.2% of silver.공시 • Mar 03Artemis Gold Inc. Provides Update on Blackwater Site ActivitiesArtemis Gold Inc. provided an update on the site activities related to the advancement of the Blackwater Gold Project in Central British Columbia. In support of the Definitive Feasibility Study ("DFS") and in preparation for commencement of construction for Blackwater, Artemis has been conducting the following activities: To date, the Company has completed approximately 22,500 metres of ore grade control drilling over 396 holes with a total of 7,376 samples prepared and dispatched for analysis to SGS Canada Inc. in Burnaby, B.C. The total program is expected to be completed by April for a total of approximately 35,000 metres of reverse circulation ("RC") drilling planned. Initial testwork at the laboratory focused on comparing conventional assay methods (Fire Assay and 4-Acid digestion) with the LeachWELL assaying method. Results to date have exhibited excellent repeatability between those assay methods. Approximately 1,794 assay results were received as at the end of February. The RC ore grade control drilling program is focused on an area in the southwestern portion of the Blackwater pit, scheduled to be mined in year 1 of operations as per the company's 2020 Pre-Feasibility Study. The Program is expected to provide up to 16 times higher data density than what was used for the Mineral Resource estimate incorporated into the 2020 PFS to allow optimization of grade selectivity and mine schedule for managing ore to be processed. This practice is expected to significantly de-risk mine performance, particularly in the initial years of production. As part of the ore grade control drilling program, the Company is also performing metallurgical testwork on the sampled RC material, which increases the Company's metallurgical sample size by 1,794 samples to assess variability of gold and silver recoveries. Samples are subjected to the LeachWELL assay process with the grade of the residual tails fire assayed and compared with whole-material fire assay results in order to estimate net recoverable gold and silver. To date, the LeachWELL test work has returned an average gold recovery of 95.7% with an average silver recovery of 71.4%, which further supports the life of mine estimates for gold recovery of 93% and silver recovery of 65% estimated in the 2020 PFS. A geotechnical drilling program commenced in November 2020 to support detailed design of the tailings storage facility and the freshwater reservoir for Blackwater. This program included downhole seismic surveys and was further in January 2021 to incorporate additional drilling within the proposed plant-site area. The company to announce the successful completion of the expanded program with 28 holes drilled for a total of 1,395m. Artemis is working to secure GMP proposals for the processing facility and transmission line for Blackwater to reduce risk and mitigate the potential for capital cost and schedule overruns by entering into fixed-price contracts for these components of the initial construction capital costs. Final GMP proposals for the processing plant have been received and are being evaluated with the selection of a preferred bidder on the processing plant expected to be announced in March 2021. Once the preferred bidder is selected, Artemis will begin negotiations and finalize detailed engineering and commercial terms on a fixed-price Engineering, Procurement and Construction ("EPC") contract. The Company is targeting a final fixed-price EPC contract for the processing facility in Third Quarter 2021. Further updates related to the powerline GMP will be provided in Second Quarter 2021.Is New 90 Day High Low • Feb 28New 90-day low: CA$5.33The company is down 3.0% from its price of CA$5.49 on 30 November 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 1.0% over the same period.공시 • Feb 25Artemis Gold Inc. Makes Submission for Schedule 2 Amendment Process as Part of the Final Permitting Process for BlackwaterArtemis Gold Inc. announced that it has submitted documents to Environment and Climate Change Canada to commence the Federal Schedule 2 amendment regulatory process under the Metal and Diamond Mining Effluent Regulations in respect of its Blackwater Gold Project in Central British Columbia. About the Schedule 2 Amendment Process As part of the final permitting phase for Blackwater, a listing on Schedule 2 of the MDMER by way of regulatory amendment is required. An Environmental Assessment for the Project was approved by the Federal and BC governments in 2019. As part of the normal course of work forming part of the EA process, an objective and rigorous assessment of alternatives for mine waste disposal was completed to mitigate environmental risks. In addition, a fish habitat compensation plan was designed. These two key elements have now been submitted to commence the formal regulatory amendment process. Given the extensive consultation and study undertaken as part of the EA approval, Artemis believes that Blackwater is eligible for a streamlined Schedule 2 amendment process. The shorter streamlined process does not diminish environmental protection but provides a more efficient regulatory system that aims to shorten the approval time to 5-6 months. The standard regulatory amendment process typically takes 8- 12 months.Recent Insider Transactions • Feb 14Vice President of Capital Markets recently bought CA$232k worth of stockOn the 10th of February, Nicholas Campbell bought around 39k shares on-market at roughly CA$5.94 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$826k more in shares than they have sold in the last 12 months.공시 • Feb 10Artemis Gold Inc. Submits Early Works Permit Applications for Blackwater Gold ProjectArtemis Gold Inc. announced that it has submitted applications to the B.C. Government to undertake an early works construction program in respect of its Blackwater Gold Project in Central British Columbia. The Program is designed to focus on clearing of key infrastructure areas including haul roads, the stage 1 tailing storage facility and camp areas. In addition, construction of the mine access road and plant-site bulk earthworks will be fast-tracked to facilitate early mobilization of the Engineering, Procurement and Construction contractor to site upon receipt of major works permits. The permitting process in respect of the Program is expected to take several months with approvals anticipated in late second quarter 2021.공시 • Feb 09Artemis Gold Inc Appoints Candice Alderson as Senior Vice President Corporate AffairsArtemis Gold Inc. announced the appointment of Candice Alderson as Senior Vice President Corporate Affairs for the company. Ms. Alderson will be responsible for executing the Company’s strategy, alongside senior management, in respect of stakeholder and government affairs, and key relationship and contract management for the company, in respect of its Blackwater Gold Project (“Blackwater” or the “Project”). Ms. Alderson will join the company in her new role, based out of the company’s Vancouver office, effective February 15, 2021.공시 • Jan 29Artemis Gold Inc. Announces the Appointment of Gerrie Van Der Westhuizen as Vice President FinanceArtemis Gold Inc. announced the appointment of Gerrie van der Westhuizen as Vice President Finance for the Company effective January 27, 2021. Based out of the Company's Vancouver office, Mr. Van der Westhuizen will be responsible for managing the finance function for the Company in respect of strategic financial analysis and planning, treasury & debt management, budgeting, financial reporting, business processes & related controls as well as building the finance team both at the Company's head office and at the Company's wholly owned Blackwater Gold Project.Recent Insider Transactions • Jan 20Vice President of Capital Markets recently bought CA$156k worth of stockOn the 15th of January, Nicholas Campbell bought around 25k shares on-market at roughly CA$6.24 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$594k more in shares than they have sold in the last 12 months.공시 • Jan 08Artemis Gold Inc. Appoints Jeremy Langford as Chief Operating OfficerArtemis Gold Inc. announced the appointment of Jeremy Langford as Chief Operating Officer ("COO") of the Company effective January 06, 2021. Based out of the Company's Vancouver office, Mr. Langford will be responsible for the overall operational and technical management of the Company's assets as well as take a lead role alongside the Chairman and CEO of the Company in executing the Company's business plan and strategy. Mr. Langford served most recently in the role of COO of Centamin Plc and prior to that COO & EVP Construction and Technical Services with Endeavour Mining Corporation, at which time he had the responsibility of advancing Endeavour's development assets.Is New 90 Day High Low • Dec 24New 90-day high: CA$6.54The company is up 2.0% from its price of CA$6.39 on 24 September 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.공시 • Nov 12Artemis Gold Inc Announces to Present Key Data on the Near Surface High Grade Starter Pit Mineralization and the Commencement of Its Grade Control Drilling Program at the Company's Blackwater Gold Project in Central British Columbia, CanadaARTEMIS GOLD INC announced to present key data on the near surface high grade starter pit mineralization and the commencement of its grade control drilling program at the company's Blackwater Gold project in Central British Columbia, Canada ("Blackwater" or the "Project"). The Company has budgeted for a 35,000 metre reverse circulation drill program (the "Program") targeting mineralization planned to be mined during the first year of production within Phase 1 of the Blackwater development plan as set out in the Company's 2020 Pre-Feasibility Study on the Project ("Blackwater Gold Project British Columbia NI 43-101 Technical Report on Pre-Feasibility Study" with an effective date of August 26, 2020, available on the Company's website and on SEDAR at www.sedar.com ("2020 PFS")). The primary objectives of the Program are to: Optimize grade selectivity and mine schedule for managing the tonnes and grade of mineralized material to be processed in the first year of operations; Increase data density by up to 16 times over current diamond drilling data; More accurately delineate ore and waste boundaries to mitigate ore dilution; Improve drill and blast designs; De-risk uncertainty regarding ore mined and milled during ramp-up from a project financing perspective; and Provide a larger sample size to reduce the grade variability of mineralization. Some of the high-grade mineralized zones intersected in previous drill programs as conducted by the previous owner of Blackwater, New Gold Inc. ("New Gold"). These high-grade mineralized zones are also illustrated in the Stage 1 pit design for bench 1570. This bench is one of seven benches planned to be mined in the first year of operations based on the Company's 2020 PFS. The 2020 PFS mine plan, on bench 1570 of the Phase 1 open pit, reports Mineral Reserves of 1,365,000 tonnes at grade of 1.45 g/t AuEq1 at a >0.50 g/t AuEq1 cut-off grade, available for processing, with an additional 795,000 tonnes grading 0.36 g/t AuEq1 to be stockpiled for processing in Phase 4. These high-grade mineralized zones are also illustrated in the open pit design for bench 1480, one of eight benches planned to be mined in year seven of operations per the 2020 PFS. Within this bench, the Mineral Reserve reports up to 4,554,000 tonnes at a grade of 1.39 g/t AuEq1 of mineralized material at a >0.50 g/t AuEq1 cut-off grade available for processing with an additional 2,406,000 tonnes grading 0.36 g/t AuEq1 to be stockpiled for processing in Phase 4.주주 수익률ARTGCA Metals and MiningCA 시장7D-10.8%-7.9%-0.07%1Y45.5%87.2%33.7%전체 주주 수익률 보기수익률 대 산업: ARTG은 지난 1년 동안 87.2%의 수익을 기록한 Canadian Metals and Mining 산업보다 저조한 성과를 냈습니다.수익률 대 시장: ARTG은 지난 1년 동안 33.7%를 기록한 Canadian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is ARTG's price volatile compared to industry and market?ARTG volatilityARTG Average Weekly Movement7.1%Metals and Mining Industry Average Movement11.8%Market Average Movement10.3%10% most volatile stocks in CA Market18.1%10% least volatile stocks in CA Market3.9%안정적인 주가: ARTG는 지난 3개월 동안 Canadian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: ARTG의 주간 변동성(7%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트2019439Dale Andreswww.artemisgoldinc.com는 금 자산의 식별, 인수 및 개발에 중점을 두고 있습니다. 이 회사는 금과 은 매장지를 탐사합니다. 브리티시 컬럼비아 중부에 위치한 블랙워터 골드 프로젝트의 지분 100%를 보유하고 있습니다.더 보기Artemis Gold Inc. 기초 지표 요약Artemis Gold의 순이익과 매출은 시가총액과 어떻게 비교됩니까?ARTG 기초 통계시가총액CA$7.36b순이익 (TTM)CA$458.72m매출 (TTM)CA$1.19b16.1x주가수익비율(P/E)6.2x주가매출비율(P/S)ARTG는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표ARTG 손익계산서 (TTM)매출CA$1.19b매출원가CA$284.60m총이익CA$903.66m기타 비용CA$444.94m순이익CA$458.72m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)1.97총이익률76.05%순이익률38.60%부채/자본 비율46.0%ARTG의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 07:11종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Artemis Gold Inc.는 23명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Richard GrayATB CormarkRichard GrayATB Cormark Historical (Cormark Securities)Andrew MikitchookBMO Capital Markets Equity Research20명의 분석가 더 보기
새로운 내러티브 • May 12Heavy Capital Burden And Cost Pressures Will Test Long Mine Life Upside PotentialCatalysts About Artemis Gold Artemis Gold is a gold producer focused on the Blackwater open pit mine and related expansion projects in British Columbia, Canada. What are the underlying business or industry changes driving this perspective?
공시 • Apr 10+ 1 more updateArtemis Gold Inc. Maintains Production Guidance for the Full Year 2026Artemis Gold Inc. maintained production guidance for the full year 2026. For the year, the Company is maintaining its full year production guidance of 265,000 to 290,000 ounces of gold, with plans to make up for the unplanned downtime experienced in Q1.
공시 • Mar 20+ 1 more updateArtemis Gold Inc. Provides Production Guidance for the Full Year 2026Artemis Gold Inc. provided production guidance for the full year 2026. The company is maintaining its full year production guidance of 265,000 to 290,000 ounces of gold with plans to make up for the First Quarter production shortfall due to the unplanned event. First Quarter 2026 production will be lower than originally anticipated as a result of the interruption.
공시 • Mar 17Artemis Gold Inc. Appoints George Salamis to Board of Directors, Effective March 16, 2026Artemis Gold Inc. announces the appointment of Mr. George Salamis to the Board of Directors, effective March 16, 2026. Mr. Salamis is an experienced director and seasoned mining executive with over 30 years of international leadership in the mining and resource exploration sector. He is currently the President, CEO and Director of Integra Resources, a growing precious metals producer in the Great Basin of the Western United States. He has an excellent track record of building resource companies and unlocking value through resource project development and managing major producing operations. Mr. Salamis holds a B.Sc. in Geology from the Université de Montréal. Concurrent with his appointment as an independent director of the Company, Mr. Salamis is also appointed as a member of the Company's nominating and corporate governance committee and the health, safety, environment and social performance committee.
공시 • Mar 13+ 1 more updateArtemis Gold Inc. Faces Unplanned Mill Shutdown At Blackwater MineArtemis Gold Inc. reported an unplanned production outage at its Blackwater Mine due to the failure of a ball mill gearbox that occurred on March 11, 2026. The company has a suitable replacement spare gearbox available. The current estimated time to complete repairs and restart mill operations is between 8 and 10 days. Plans are currently underway to make use of this interruption in milling operations to carry out various maintenance activities that were originally planned for early Second Quarter 2026. Mining related activities are continuing normally. Production in First Quarter 2026 is expected to be lower than originally anticipated as a result of this mill outage.
Recent Insider Transactions • Mar 01President recently sold CA$616k worth of stockOn the 25th of February, Jeremy Langford sold around 15k shares on-market at roughly CA$41.05 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$11m. Jeremy has been a net seller over the last 12 months, reducing personal holdings by CA$4.1m.
새로운 내러티브 • May 12Heavy Capital Burden And Cost Pressures Will Test Long Mine Life Upside PotentialCatalysts About Artemis Gold Artemis Gold is a gold producer focused on the Blackwater open pit mine and related expansion projects in British Columbia, Canada. What are the underlying business or industry changes driving this perspective?
공시 • Apr 10+ 1 more updateArtemis Gold Inc. Maintains Production Guidance for the Full Year 2026Artemis Gold Inc. maintained production guidance for the full year 2026. For the year, the Company is maintaining its full year production guidance of 265,000 to 290,000 ounces of gold, with plans to make up for the unplanned downtime experienced in Q1.
공시 • Mar 20+ 1 more updateArtemis Gold Inc. Provides Production Guidance for the Full Year 2026Artemis Gold Inc. provided production guidance for the full year 2026. The company is maintaining its full year production guidance of 265,000 to 290,000 ounces of gold with plans to make up for the First Quarter production shortfall due to the unplanned event. First Quarter 2026 production will be lower than originally anticipated as a result of the interruption.
공시 • Mar 17Artemis Gold Inc. Appoints George Salamis to Board of Directors, Effective March 16, 2026Artemis Gold Inc. announces the appointment of Mr. George Salamis to the Board of Directors, effective March 16, 2026. Mr. Salamis is an experienced director and seasoned mining executive with over 30 years of international leadership in the mining and resource exploration sector. He is currently the President, CEO and Director of Integra Resources, a growing precious metals producer in the Great Basin of the Western United States. He has an excellent track record of building resource companies and unlocking value through resource project development and managing major producing operations. Mr. Salamis holds a B.Sc. in Geology from the Université de Montréal. Concurrent with his appointment as an independent director of the Company, Mr. Salamis is also appointed as a member of the Company's nominating and corporate governance committee and the health, safety, environment and social performance committee.
공시 • Mar 13+ 1 more updateArtemis Gold Inc. Faces Unplanned Mill Shutdown At Blackwater MineArtemis Gold Inc. reported an unplanned production outage at its Blackwater Mine due to the failure of a ball mill gearbox that occurred on March 11, 2026. The company has a suitable replacement spare gearbox available. The current estimated time to complete repairs and restart mill operations is between 8 and 10 days. Plans are currently underway to make use of this interruption in milling operations to carry out various maintenance activities that were originally planned for early Second Quarter 2026. Mining related activities are continuing normally. Production in First Quarter 2026 is expected to be lower than originally anticipated as a result of this mill outage.
Recent Insider Transactions • Mar 01President recently sold CA$616k worth of stockOn the 25th of February, Jeremy Langford sold around 15k shares on-market at roughly CA$41.05 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$11m. Jeremy has been a net seller over the last 12 months, reducing personal holdings by CA$4.1m.
Major Estimate Revision • Feb 26Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from CA$1.58b to CA$1.66b. EPS estimate fell from CA$2.97 to CA$2.31 per share. Net income forecast to grow 53% next year vs 30% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$54.62. Share price rose 9.8% to CA$43.08 over the past week.
공시 • Feb 20+ 1 more updateArtemis Gold Inc. Plans Increase This Base Quarterly Dividend in 2027Artemis Gold Inc. plans to increase this base quarterly dividend to $0.08 per share in 2027, or $0.32 per share annually.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CA$39.48, the stock trades at a trailing P/E ratio of 44.2x. Average forward P/E is 7x in the Metals and Mining industry in Canada. Total returns to shareholders of 714% over the past three years.
공시 • Jan 27Artemis Gold Inc. announced that it expects to receive CAD 450 million in fundingArtemis Gold Inc. announced that it has issued a private placement offering of senior unsecured notes of principal amount of CAD 450 million on January 26, 2026. The 5-year senior unsecured notes are due in 2031. The notes will bear an interest at 5.625% per annum and includes a standard two-year non-call period. The notes will be issued at par under a trust indenture and will be direct senior unsecured obligations of Artemis Gold ranking equal with all other present and future senior unsecured indebtedness of the company. The deal is expected to close on or about February 3, 2026, subject to satisfaction of customary closing conditions.
Recent Insider Transactions • Jan 21Chief ESG Officer recently sold CA$480k worth of stockOn the 19th of January, Candice Alderson sold around 12k shares on-market at roughly CA$40.00 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$746k. Insiders have been net sellers, collectively disposing of CA$7.3m more than they bought in the last 12 months.
공시 • Jan 15+ 1 more updateArtemis Gold Inc. to Report Fiscal Year 2025 Results on Feb 18, 2026Artemis Gold Inc. announced that they will report fiscal year 2025 results After-Market on Feb 18, 2026
Recent Insider Transactions • Dec 24Independent Director recently sold CA$746k worth of stockOn the 19th of December, Elise Rees sold around 20k shares on-market at roughly CA$37.31 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$6.6m more than they bought in the last 12 months.
Major Estimate Revision • Dec 22Consensus revenue estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CA$916.3m to CA$1.01b. EPS estimate unchanged from CA$3.33 at last update. Metals and Mining industry in Canada expected to see average net income growth of 39% next year. Consensus price target up from CA$46.40 to CA$47.89. Share price rose 3.8% to CA$38.19 over the past week.
분석 기사 • Dec 08Calculating The Intrinsic Value Of Artemis Gold Inc. (CVE:ARTG)Key Insights Using the 2 Stage Free Cash Flow to Equity, Artemis Gold fair value estimate is CA$39.49 Current share...
공시 • Nov 06Artemis Gold Inc. Maintains Production Guidance for the Full Year of 2025Artemis Gold Inc. maintained production guidance for the full year of 2025. For the year, the company's original production guidance of 190,000 ounces to 230,000 ounces of gold produced is maintained. Based on year-to-date production through the third quarter, the Company expects to achieve guidance in the lower half of that range. This is primarily due to higher than anticipated mill downtime as the Company continued to uncover and correct deficiencies associated with the design and construction work by its former EPC contractor, together with lower than originally planned recoveries.
공시 • Nov 01Artemis Gold Inc. Announces Regional Exploration Drill ProgramArtemis Gold Inc. announced the commencement of a regional exploration drill program on its approximately 1,500 square kilometre land package in central British Columbia. An initial $5 million program has started and will include 15,000 to 25,000 metres of drilling in up to 150 holes. The initial program will extend into early 2026 and will focus on high priority targets defined by prior regional exploration. As part of this review, machine-learning algorithms were used to identify prospective patterns within these datasets and predict geological domains and potential zones of mineralization. This led to the identification and ranking of more than 30 epithermal and porphyry targets through this combined exercise and the recommendation to further drill test these targets.
공시 • Oct 15Artemis Gold Inc. Announces Management AdditionsArtemis Gold Inc. announced the additions of Tony Scott as Chief Business Development Officer and James Woeller as Vice President Business Development and Improvement, effective immediately.Mr. Scott will be responsible for overseeing the business improvement, technical services, exploration and corporate development functions of the Company, including strategic business planning and identifying future district growth options. Mr. Woeller will be responsible for leading the business improvement and corporate development functions for the Company, with a focus on asset optimization, business planning and future growth opportunities. Mr. Scott brings more than 25 years of experience to the Company and has enjoyed a notable career in the metals and mining industry including increasingly senior positions with Placer Dome and Teck Resources. Mr. Scott is also very familiar with the Blackwater Mine, having completed technical due diligence on the project on behalf of Macquarie Bank Limited where he was a Managing Director in their metals and energy group. Most recently, Mr. Scott was Senior Vice President Corporate Development and Technical Services with Gatos Silver Inc. (‘Gatos’), where he worked closely with Artemis Gold's CEO, Dale Andres, until Gatos' recent acquisition for USD 970 million. Mr. Scott holds a Bachelor of Engineering in Mining Geology from Curtin University's Western Australian School of Mines, is a Professional Geologist and a qualified person under National Instrument 43-101. Mr. Woeller joins the Company after having most recently served as Vice President Corporate Development and Business Improvement at Gatos. Mr. Woeller began his career with Teck Resources, rising through the ranks to Director, Strategy and Business Analysis. Mr. Woeller holds a Bachelor of Applied Science in Mining Engineering from Queen's University, a Master of Science in Mineral Economics from the Colorado School of Mines and is a CFA charter holder.
공시 • Oct 07Artemis Gold Inc. to Report Q3, 2025 Results on Nov 04, 2025Artemis Gold Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025
Buy Or Sell Opportunity • Sep 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 45% to CA$36.49. The fair value is estimated to be CA$30.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 167% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 479% in 2 years. Earnings are forecast to grow by 973% in the next 2 years.
공시 • Sep 16Artemis Gold Inc. Announces 33% Increase to Phase 1 Processing Plant Capacity At Blackwater Mine and Places Order for Long-Lead Equipment for Phase 2 ExpansionArtemis Gold Inc. announced plans to upgrade the current Blackwater Mine processing plant ("Phase 1"), increasing nameplate capacity by 33% from 6 million tonnes per year ("Mtpa") to 8 Mtpa by fourth quarter 2026 ("Phase 1A"). Updates to the mine plan for both Phase 1A and Phase 2 are currently underway to assess the impact on production. Updated production and cost metrics for both Phase 1A and phase 2 will be presented once the mine plan updates are complete and the Phase 2 expansion project and execution plan has been finalized, expected in fourth quarter 2025.
Recent Insider Transactions • Sep 12Executive Chairman recently sold CA$6.2m worth of stockOn the 5th of September, Steven Dean sold around 200k shares on-market at roughly CA$30.94 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Steven's only on-market trade for the last 12 months.
New Risk • Aug 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 1.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
공시 • Aug 13Artemis Gold Inc. Reaffirms Earnings Guidance for the Fiscal Year 2025Artemis Gold Inc. reaffirmed earnings guidance for the fiscal year 2025. For the year, company is on track to achieve its previously stated production guidance for fiscal 2025 of 190,000 to 230,000 ounces of gold, including 160,000 to 200,000 ounces during the post-commercial production period at AISC1 of USD 670 to USD 770 per ounce.
공시 • Jul 14Artemis Gold Inc. to Report Q2, 2025 Results on Aug 12, 2025Artemis Gold Inc. announced that they will report Q2, 2025 results After-Market on Aug 12, 2025
분석 기사 • Jul 14Returns Are Gaining Momentum At Artemis Gold (CVE:ARTG)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Recent Insider Transactions • Jun 29CEO & Director recently bought CA$296k worth of stockOn the 27th of June, Dale Andres bought around 13k shares on-market at roughly CA$23.70 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Dale has been a buyer over the last 12 months, purchasing a net total of CA$426k worth in shares.
공시 • Jun 20+ 1 more updateArtemis Gold Inc. Appoints Dale Andres as Director, Effective June 23, 2025Artemis Gold Inc. announced the following management changes: Mr. Dale Andres has been appointed as Director of the Company, effective June 23, 2025. Mr. Andres has been a non-executive director of the Company since May 9, 2023. Mr. Andres is a seasoned mining executive with more than 30 years of international experience in the resource industry, most recently serving as Chief Executive Officer and Director of Gatos Silver Inc. until its recent acquisition for USD 970 million. Prior to this, Mr. Andres enjoyed a distinguished career of increasing executive responsibility within Teck Resources Limited including serving as Senior Vice President, Base Metals, Senior Vice President, Copper, and Vice President, Gold and International Mining. Mr. Andres holds a Bachelor of Science degree in Mining Engineering from Queen's University, as well as a Graduate Diploma in Business Administration from Simon Fraser University. Mr. Steven Dean, founder of the Company, will continue with the Company as Executive Chair and Director. Mr. Jeremy Langford will continue with the Company as President, now with a sole focus on business growth, asset optimization, and development.
Recent Insider Transactions Derivative • Jun 06CFO & Corporate Secretary exercised options to buy CA$4.8m worth of stock.On the 4th of June, Gerrie van der Westhuizen exercised options to buy 181k shares at a strike price of around CA$5.72, costing a total of CA$1.0m. This transaction amounted to 515% of their direct individual holding at the time of the trade. Since March 2025, Gerrie's direct individual holding has increased from 27.10k shares to 35.24k. Company insiders have collectively bought CA$9.9m more than they sold, via options and on-market transactions, in the last 12 months.
공시 • Jun 05Artemis Gold Inc., Annual General Meeting, Aug 14, 2025Artemis Gold Inc., Annual General Meeting, Aug 14, 2025. Location: british columbia, vancouver Canada
Recent Insider Transactions Derivative • Jun 02COO & President exercised options to buy CA$4.2m worth of stock.On the 26th of May, Jeremy Langford exercised options to buy 192k shares at a strike price of around CA$5.39, costing a total of CA$1.0m. This transaction amounted to 27% of their direct individual holding at the time of the trade. Since December 2024, Jeremy's direct individual holding has increased from 542.00k shares to 725.25k. Company insiders have collectively bought CA$9.1m more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions Derivative • May 18COO & President exercised options to buy CA$3.4m worth of stock.On the 13th of May, Jeremy Langford exercised options to buy 171k shares at a strike price of around CA$6.44, costing a total of CA$1.1m. This transaction amounted to 31% of their direct individual holding at the time of the trade. Since December 2024, Jeremy's direct individual holding has increased from 542.00k shares to 554.20k. Company insiders have collectively bought CA$7.1m more than they sold, via options and on-market transactions, in the last 12 months.
공시 • May 02Artemis Gold Announces Commercial Production Guidance for the Second Half of 2025 and Year Ending December 31, 2025Artemis Gold announced commercial production guidance for the second half and year ending December 31, 2025. For the second half of 2025, the Company expects production of 130,000-160,000 ounces of gold at estimated AISC of USD 645-USD 725 per ounce. AISC is expected to be slightly higher during the two months remaining in Second Quarter 2025 due to the continued ramp up in production over that period. For the full year ending December 31, 2025, the company expects to produce 160,000-200,000 ounces of gold at all-in sustaining costs (AISC) of USD 670-USD 770 per ounce, bringing forecast production for the financial year 2025 to 190,000-230,000 ounces of gold.
공시 • Jan 22Artemis Gold Commences Processing of Ore at the Blackwater MineArtemis Gold Inc. announced that commissioning of the grinding circuit at the Blackwater Mine has advanced and the Company has commenced milling first ore this week. As announced in December 2024, the Company continues to target first gold pour during January 2025.
공시 • Jan 01Artemis Gold Inc. Provides Update on Blackwater MineArtemis Gold Inc. provided an update on progress at the Blackwater Mine. The Company has experienced unexpected delays with the configuration of and communication within the process control network and encountered constrained vendor availability during the holiday season. As a result, the Company has not yet completed final commissioning of the wet plant and now expects to commence processing of ore through the ball mill and first gold pour in January 2025.
Recent Insider Transactions • Nov 22COO & President recently bought CA$256k worth of stockOn the 20th of November, Jeremy Langford bought around 20k shares on-market at roughly CA$12.80 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jeremy has been a buyer over the last 12 months, purchasing a net total of CA$354k worth in shares.
공시 • Nov 22Artemis Gold Inc. Feeds First Ore Through Commissioned Crushing Circuit at the Blackwater MineArtemis Gold Inc. provided an update on progress at the Blackwater Mine. The Company has continued to make significant progress and is now in the final stages of construction and commissioning. First ore has been fed to the processing facility's crushing circuits. Full handover of the crushing circuit from commissioning to the operations team is expected within the next few weeks. Mining operations in the open pit have commenced in the quarter. The production drilling and blasting contractor and explosives contractor are established at Blackwater, with the Company performing its initial open pit blasts as planned. The 225kV renewable grid power line and substation has been successfully commissioned and is now feeding the Blackwater site as planned. With the 25kV site-wide power reticulation almost complete, the Company expects to gradually shut down and demobilize the diesel power generation units across the site before the end of 2024. The tailings storage facility construction activity is complete and the TSF is ready for production as planned. The Company expects to feed first ore to the ball mill in the next few weeks and continues to target first gold pour before year end. The project remains fully funded.
Board Change • Oct 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Dale Andres was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Oct 10Artemis Gold Provides Update on Progress At Blackwater MineArtemis Gold Inc. provides an update on progress at the Blackwater Mine. At September 30, 2024, overall construction of the Blackwater Mine was over 95% complete, the project is fully funded, and first gold pour is targeted for late Fourth Quarter 2024. The 135-kilometre long 225kV transmission line between the Blackwater Mine and BC Hydro's Glenannan substation is complete and was successfully energized with renewable grid power on October 8, 2024. Construction of the Tailings Storage Facility will be complete by the end of October 2024 in advance of commencement of ore commissioning of the plant. The initial mining fleet has been commissioned and pre-stripping of the mine, as well as the construction of haul roads, are well advanced, with first ore expected to be received to the run of mine ("ROM") pad over the course of the next month. In addition, Blackwater's operations camp is complete and has housed operational staff since late Third Quarter 2024. In order to accelerate the commissioning of the process facility to align with the other major construction milestones already achieved, the Company has taken responsibility for plant commissioning from the EPC contractor and will commence owner commissioning and remaining construction activity effective immediately. During the past 17 months, the Blackwater Mine has experienced two separate wildfire events which halted construction at site for a total of approximately one and a half months during the most productive months of the build. This resulted in additional fixed overhead drag on the project, and the benefit of operating cash flows has been deferred by the period of productive construction days lost. Management also invested in certain schedule acceleration initiatives to offset the delays, which have added to the cost of construction. Management has been working diligently on cost savings throughout its construction budget to minimize the impact of the cost drivers.
Recent Insider Transactions Derivative • Jun 21Independent Lead Director exercised options to buy CA$5.7m worth of stock.On the 19th of June, W. Black exercised options to buy 556k shares at a strike price of around CA$1.08, costing a total of CA$600k. This transaction amounted to 58% of their direct individual holding at the time of the trade. Since March 2024, Black has owned 957.64k shares directly. Company insiders have collectively bought CA$1.4m more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions Derivative • Jun 09Independent Director exercised options to buy CA$403k worth of stock.On the 3rd of June, Lisa Ethans exercised options to buy 38k shares at a strike price of around CA$5.23, costing a total of CA$201k. This transaction amounted to 293% of their direct individual holding at the time of the trade. Since June 2023, Lisa's direct individual holding has increased from 13.10k shares to 51.43k. Company insiders have collectively bought CA$1.0m more than they sold, via options and on-market transactions, in the last 12 months.
공시 • May 22Artemis Gold Inc., Annual General Meeting, Aug 01, 2024Artemis Gold Inc., Annual General Meeting, Aug 01, 2024. Location: british columbia, vancouver Canada
Major Estimate Revision • May 03Consensus revenue estimates increase by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CA$19.1m to CA$24.0m. EPS estimate unchanged from -CA$0.12 at last update. Metals and Mining industry in Canada expected to see average net income growth of 14% next year. Consensus price target broadly unchanged at CA$13.15. Share price fell 5.1% to CA$8.59 over the past week.
Major Estimate Revision • Apr 28Consensus EPS estimates fall by 50%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -CA$0.121 to -CA$0.182 per share. Revenue forecast of CA$19.1m unchanged since last update. Metals and Mining industry in Canada expected to see average net income growth of 11% next year. Consensus price target up from CA$12.44 to CA$13.17. Share price rose 6.3% to CA$9.05 over the past week.
공시 • Apr 26Artemis Gold Inc. Provides First Quarter Update on Blackwater Mine Construction ProgressArtemis Gold Inc. provided an update on first quarter construction progress at the Blackwater Mine in central British Columbia. The project remains fully funded, within the guidance for initial capital expenditure, and on schedule for first gold pour in second half 2024. At March 31, 2024 overall construction was approximately 73% complete, and approximately CAD 523 million of the guided initial capital expenditure of CAD 730 to CAD 750 million had been spent. By the end of first quarter 2024, the Company had entered into contractual commitments for CAD 682 million (or 93% of the lower end of the guided initial capital expenditure). The majority of uncommitted expenditures relate to owners' cost and earthworks associated with mining pre-strip and construction of the tailings storage facility and other civil structures. Construction Update: Mild weather conditions in first quarter 2024 provided good, early access to infrastructure areas at the Blackwater Mine. Construction of major site water management facilities, including the water management pond, the central diversion system and the Davidson Creek diversion, have been completed. Work on the tailings storage facility dam is progressing well. Initial material placement has been successfully achieved, including tying into the surrounding topography, providing for optimal productivity moving into summer. Process Plant: At the end of March 2024, the Sedgman EPC contract work on the processing plant was approximately 84% complete overall, with engineering, design and procurement essentially complete. Process plant construction continues to progress well, particularly within steel erection and conveyor installation. Installation of mechanical equipment within the secondary and tertiary crushing circuits, as well as the screening station, was completed during the quarter. Notable achievements throughout the period included the installation of the ball mill, intensive leach reactor and the regeneration kiln, while installation of the gravity concentrator has commenced. All major tanks have been completed, including pre-leach, carbon-in-leach, and elution, and hydrotesting is underway. Concrete work is nearing completion with most of the major pours now completed including the primary crusher run-of-mine slab, crusher vault and ore stockpile reclaim tunnel. Erection of the reagents and mill buildings are in progress with cladding works planned to commence in April. Electrical and instrumentation activities are scaling up, with the installation of the main electrical room in the crushing circuit area now complete. Transmission Line: During first quarter 2024 the transmission line right-of-way clearing was completed. Construction contracts were awarded, and contractors mobilized to the region. Laydown areas and camp facilities have been established and civil foundation work and structure erection commenced. All electrical conductors have been delivered to site. Poles and hardware deliveries are in progress and sequenced to support the construction schedule. The line is being built in two parts, north and south of the Nechako River. The length of the northern section is approximately 50km and the southern section approximately 80km. Upgrades to the BC Hydro Glenannan substation are progressing to plan. Commissioning planning with BC Hydro is advancing as planned. Work associated with Blackwater's 25kV power distribution network has progressed according to plan with engineering at an issued-for-construction (IFC) level, procurement complete, and most materials on site. Pole foundations are 65% completed and pole erection has commenced. Assembly and commissioning of the owner's mining fleet continues to advance. Two 400-tonne hydraulic backhoe excavators, six 240-tonne rigid frame haul trucks and two large mining front-end loaders are fully assembled. The remainder of the fleet to support initial operations is on site and nearing completion. Additional units will be added to the fleet as operations ramp up.
Major Estimate Revision • Mar 29Consensus revenue estimates decrease by 61%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CA$61.9m to CA$23.9m. EPS estimate unchanged from -CA$0.12 per share at last update. Metals and Mining industry in Canada expected to see average net income growth of 17% next year. Consensus price target down from CA$12.24 to CA$11.98. Share price rose 6.0% to CA$8.12 over the past week.
New Risk • Jan 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 33% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$337m free cash flow). Earnings are forecast to decline by an average of 33% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$14m net loss next year). Shareholders have been diluted in the past year (2.8% increase in shares outstanding).
공시 • Oct 26Artemis Gold Inc. Provides Third Quarter Update on Blackwater Mine Construction ProgressArtemis Gold Inc. provided an update on third quarter construction progress at the Blackwater Mine in central British Columbia. The project remains fully funded, within the guidance for initial capital expenditure, and on schedule for first gold pour in second half 2024. At September 30, 2023, overall construction was 45% complete, and approximately CAD 280 million of the guided initial capital expenditure of CAD 730 to CAD 750 million had been spent. The lag between the spend and percentage of completion is as planned and consistent with a typical project S-curve. Earthworks continued in priority infrastructure areas, with approximately 505 hectares logged and cleared. Over 90% of access roads needed for Phase 1 construction are now operable. Construction of the site water management facilities, including the water management pond and Davidson Creek diversion, is well advanced. Total major works man-hours worked up to September 30, 2023, were more than 440,000 man-hours with a zero LTIFR and an AIFR of 138.97. Process plant construction progressed well on a number of fronts, including the mill building foundation preparation, reagents building, ball mill pedestals, carbon in leach (CIL) tanks, and the primary, secondary, and tertiary crushers structures, as well as the reclaim tunnel civil works. Hydro testing of the first CIL tank has been completed. Construction of the run-of-mine (ROM) wall surpassed 75% complete at the end of September 2023 and is scheduled to be completed by the end of October 2023, with the ROM dump slab civil works scheduled to begin shortly thereafter. The construction fleet has been expanded to include 60- and 100-tonne rigid frame haul trucks and 150-tonne excavators, providing more material movement capability to key areas. Initial deliveries of the owner mining fleet are well advanced, including 400-tonne hydraulic backhoe excavators and three 240-tonne rigid frame haul trucks which have arrived and are in various stages of assembly. Fleet assembly is expected to be sufficiently advanced by year end in preparation for pre-stripping and earthworks support in 2024. The remainder of the fleet to support operations will arrive predominately in the first half of 2024. At the end of September 2023, the Sedgman EPC contract works passed 61% complete overall, with engineering and design over 95% complete. Procurement is 96% complete and progressing toward the conclusion of package awards. Key mechanical equipment packages are in various stages of delivery, including the primary, secondary and tertiary crushers and associated dry screens, while the wet plant vibrating screens, ADR plant, gravity concentrator(s) and intensive leach reactor are all on site. The major ball mill components, including the shell and head segments, are in transit and expected to arrive in October. The electrical machinery control centre fabrication is complete and will undergo factory testing in early fourth quarter 2023. Contracts are being finalized for explosives supply, mine fleet tire supply and the assay laboratory, while proposals for the oxygen plant and water treatment plants are in the final stages of being evaluated. Right-of-way clearing and construction of the 135km 225kV transmission line is scheduled to begin in fourth quarter 2023. With Phase 1 fully funded and 45% complete at the end of September 2023, a study to evaluate the benefits of advancing the Phase 2 expansion earlier than contemplated in the September 2021 Feasibility Study is progressing well. The results of this study are expected to be released in early 2024.
공시 • Jul 18Artemis Gold Provides an Update on Impact of the Wildfires in Central B.C. on Blackwater MineArtemis Gold Inc. provide an update regarding the impact of an uncontrolled wildfire late last week in the Cariboo Regional District in the immediate vicinity of the Company's Blackwater Mine. As previously announced, Artemis Gold took proactive measures to temporarily reduce the number of non-essential staff and contractors early last week and all company staff and contractors are safe and accounted for. The Blackwater Mine site infrastructure remains intact, including the construction camp, process plant area, construction fleet and contractors' fleets. Damage to property has been minimal. The Company is now focused on plans to ramp back up to normal construction activities in the short term,subject to provincial regulation. Artemis Gold does not anticipate this incident will have a material impact on the Blackwater Mine construction schedule, and the Company continues to target first gold pour in H2 2024.
Recent Insider Transactions • Jun 22Independent Director recently bought CA$229k worth of stockOn the 19th of June, Dale Andres bought around 50k shares on-market at roughly CA$4.58 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$62m more in shares than they have sold in the last 12 months.
공시 • Jun 16Artemis Gold Announces Optimized Phase 1 Development of Blackwater MineArtemis Gold Inc. announced that as a result of internal engineering analysis, it has committed to additional investments as part of its Phase 1 development of the Blackwater Mine ("Blackwater") in order to facilitate the potential fast-tracking of the Phase 2 expansion. In support of these additional investments, the Company has amended the gold stream agreement with Wheaton Precious Metals Corp. ("Wheaton") which will provide an additional US$40 million (C$54million) in funding at a very low cost of capital. The additional investments during Phase 1 include additional structural steel and increased conveyor belt widths in the crushing circuits, as well as the introduction of variable-speed-drives to the ball mill. Electrical components have also been upgraded to facilitate the Phase 2 requirements and to include optionality in relation to the use of redundancy back-up power sources. Other optimizations include upsizing of the oxygen plant coupled with down-shaft-sparging of oxygen to the pre-leach and carbon-in-leach ("CIL") trains, along with the optimization of the CIL layout in order to facilitate non-intrusive expansion to Phase 2, as well as full conversion of the detoxification process to remove the need for tanker-supplied liquid sulphur dioxide.
공시 • May 20Artemis Gold Inc., Annual General Meeting, Aug 10, 2023Artemis Gold Inc., Annual General Meeting, Aug 10, 2023.
공시 • May 18Artemis Gold Inc. Provides Update on Site Activities at Blackwater MineArtemis Gold Inc. provided an update on activities at the Blackwater Mine site. Overview: Site works continue to progress with over 280 hectares logged and cleared including priority infrastructure areas such as topsoil areas, borrow source locations, the mine haul road network, and water management structures. Where required, the existing road network has been upgraded to allow access for heavy construction equipment to key infrastructure locations. A laydown area has been completed to accommodate the construction fleet, maintenance facilities, and construction offices and will serve as a key staging area for earthworks activities throughout the project construction. The construction camp has been completed, including the installation and commissioning of a wastewater treatment plant, expanding the site capacity to 420 persons. Additional accommodation dormitories are planned to be completed during second quarter of 2023, which will then raise the total camp capacity to in excess of 500 people. Construction Fleet: Key mobile construction equipment has been delivered to site, including excavators, backhoe loaders, compactors, grader, telehandlers, and a fuel and lube truck. Further to the delivery of the owner fleet, additional rental equipment has been mobilized to Blackwater Mine in alignment with the Company's construction plan. The earthworks fleet now contains approximately 35 individual pieces of equipment. Plant Site: Sedgman site mobilization activities continue to progress with the establishment of facilities for subcontractors well advanced. Bulk earthworks at the plant site are nearing completion and handover of the first work fronts has occurred. Detailed excavation for concrete civil works has commenced and the concrete batch plant has been commissioned. First concrete pour in the ball mill foundation has been completed. Reinforcing Steel (rebar) installation has commenced at the ball mill. Engineering and Procurement: As of the end of April 2023, Sedgman had completed approximately 73% of the detailed engineering for the processing plant. Over 90% of the procurement packages have been awarded, including all critical path items. The remaining procurement packages will be awarded in accordance with schedule requirements. Manufacturing of the process buildings is well advanced and initial shipments have started to arrive at the Blackwater Mine site. Other major equipment packages delivered to site to-date include the agitator shafts for the carbon-in-leach (CIL) tanks, as well as reinforcing bar for civil works activity (see photos enclosed). Personnel: The recruitment activities for Blackwater Mine have focused on hiring heavy equipment operators and key personnel for the bulk earthworks activities. Personnel numbers at the Blackwater Mine are increasing and currently there are over 200 staff and contractors working on-site. At the end of the first quarter of 2023, approximately 30% of on-site personnel were women and 31% of on-site personnel identified as Indigenous.
공시 • May 11Artemis Gold Inc. Announces Executive ChangesArtemis Gold Inc. announced Appointment of Dale Andres as Independent Director in place of retiring Bill Armstrong. Mr. Dale Andres has been appointed to the Board of Directors of Artemis Gold effective immediately, replacing Mr. Bill Armstrong who is retiring from the Board for personal reasons. Mr. Andres has more than 30 years' experience in the resource industry and currently serves as Chief Executive Officer and Director of Gatos Silver Inc. Prior to this, Mr. Andres also enjoyed a distinguished career of increasing seniority within Teck Resources Limited where he served as Senior Vice President, Base Metals, Senior Vice President, Copper, Vice President, Copper Strategy and North American Operations, Vice President, Gold and International Mining, as well as General Manager, Underground Mines. Mr. Andres holds a Bachelor of Science degree in Mining Engineering from Queens University, as well as a Graduate Diploma in Business Administration from the Simon Fraser University.
Recent Insider Transactions • Mar 19COO & President recently bought CA$145k worth of stockOn the 16th of March, Jeremy Langford bought around 30k shares on-market at roughly CA$4.80 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jeremy has been a buyer over the last 12 months, purchasing a net total of CA$365k worth in shares.
Major Estimate Revision • Jan 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CA$390.0k to CA$500.0k. EPS estimate unchanged from -CA$0.08 at last update. Metals and Mining industry in Canada expected to see average net income decline 11% next year. Consensus price target down from CA$10.05 to CA$9.79. Share price rose 9.4% to CA$4.75 over the past week.
공시 • Jan 04Artemis Gold Inc Announces Permitting & Site Works Progress UpdateArtemis Gold Inc. provides an update on progress toward obtaining its BC Mines Act Permit and advancing site works for the Company's Blackwater project ("Blackwater" or the "Project") in central British Columbia. Site works currently underway include, but are not limited to, the following activities: Logging, clearing and grubbing of the plant site area, and commencement of bulk earthworks, Installation of physical environmental controls, such as rapid infiltration basins and plant site permitter drainage channels; Advancement of the construction camp accommodations, which will expand capacity to support up to 475 on-site personnel; and Prioritized upgrades to selected infrastructure. In the process plant area, tree clearing activities, as well as other clearing and grubbing activities have been completed over the entire 23-hectare plant site footprint. A new contractor laydown area has been stripped, levelled, and graded with cut and fill earthworks well advanced throughout. Earthworks continues on the sediment and erosion control pond. This scope of work is well advanced and on track to be completed before the commencement of major works construction activities. Site levelling, pad preparation and bulk earthworks for the construction camp was completed as planned in Fourth Quarter 2022. Kitchen facilities have been placed with work well advanced. Accommodation module buildings, arctic corridors and gym facilities were all completed prior to end of Fourth Quarter 2022. The construction camp is on-track to be completed prior to the commencement of major works construction activities. The Company is also advancing required upgrades to site which include running buried and surface pipelines from selected water wells, and upgrades to its sewage infrastructure in order to accommodate planned head count capacity at site for major works construction activities. The Company has also completed upgrades to fire suppression, Heating Ventilation and Air Conditioning (HVAC) and associated electrical facilities at site.
공시 • Dec 09+ 1 more updateArtemis Gold Inc. Announces Executive ChangesArtemis Gold Inc. announced that Jeremy Langford has been appointed as President in addition to his role of Chief Operating Officer, effective January 1, 2023, reflecting his increased scope and organizational responsibilities within the Company. Mr. Langford's appointment reflects his outstanding leadership since joining Artemis in 2021 in advancing the Company's Blackwater Gold Project through the feasibility stage and towards permitting and commencement of major works construction activities at Blackwater. The Company also announced that it has appointed Gerrie van der Westhuizen to Corporate Secretary of the Company effective January 1, 2023. For the past two years Mr. Van der Westhuizen has been serving exceptionally as the VP Finance and Assistant Corporate Secretary, managing the finance function for the Company in respect of strategic financial analysis and planning, treasury & debt management, budgeting, financial reporting, and business processes & related controls. Mr. Chris Batalha, who has been the Corporate Secretary since the inception of the Company in 2019, has provided his notice of resignation from the Company effective December 31, 2022, for personal reasons. Mr. Batalha will continue to work with the Company for a period of transition into the new year, after which he will retain an advisory role with the Company.
Major Estimate Revision • Oct 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from CA$570.0k to CA$430.0k. EPS estimate increased from -CA$0.13 to -CA$0.08 per share. Metals and Mining industry in Canada expected to see average net income growth of 0.4% next year. Consensus price target down from CA$10.60 to CA$9.91. Share price fell 5.6% to CA$4.07 over the past week.
Recent Insider Transactions • Oct 22Non-Independent Director recently bought CA$60m worth of stockOn the 14th of October, Ryan Beedie bought around 13m shares on-market at roughly CA$4.50 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$60m more in shares than they have sold in the last 12 months.
공시 • Oct 06Artemis Gold Inc. announced that it expects to receive CAD 175.005 million in fundingArtemis Gold Inc. announced that it will issue 19,112,000 common shares at an issue price of CAD 4.50 per share for proceeds of CAD 86,004,000 on bought-deal offering basis and a non-brokered offering consisting of up to 19,778,000 common shares at an issue price of CAD 4.50 for proceeds of CAD 89,001,000 for aggregate gross proceeds of up to CAD 175,005,000 on October 5, 2022. The transaction will include participation from certain management, insiders and shareholders in non-brokered offering. The offering is expected to close on October 14, 2022. The closing of the offering is subject to certain conditions, including but not limited to, the company receiving the approval of the TSX Venture Exchange.
공시 • Sep 30Artemis Gold Inc. Announces Commencement of Blackwater Plant Site EarthworksArtemis Gold Inc. announced that the Company has fulfilled all EA conditions required to commence site preparation work at the plant site for the Blackwater project. With the satisfaction of all EA conditions, Artemis has now commenced early works including site clearing, bulk earthworks and sediment/erosion control works to prepare the Blackwater plant site for the start of major works construction activities in First Quarter 2023.
Board Change • Jul 31High number of new directorsIndependent Director Lisa Ethans was the last director to join the board, commencing their role in 2021.
공시 • Jul 16Artemis Gold Inc., Annual General Meeting, Oct 04, 2022Artemis Gold Inc., Annual General Meeting, Oct 04, 2022.
Recent Insider Transactions • Jun 04Vice President of Capital Markets recently sold CA$276k worth of stockOn the 30th of May, Nicholas Campbell sold around 50k shares on-market at roughly CA$5.51 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.2m more than they bought in the last 12 months.
Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Bill Armstrong is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Recent Insider Transactions • Mar 13Vice President of Capital Markets recently sold CA$211k worth of stockOn the 10th of March, Nicholas Campbell sold around 30k shares on-market at roughly CA$7.02 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$784k more than they bought in the last 12 months.
Board Change • Dec 31High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Non-Independent Director Ryan Beedie is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Recent Insider Transactions • Dec 08Vice President of Capital Markets recently sold CA$666k worth of stockOn the 6th of December, Nicholas Campbell sold around 102k shares on-market at roughly CA$6.52 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$186k more than they bought in the last 12 months.
공시 • Sep 14Artemis Gold Inc. Announces Feasibility Study for Blackwater ProjectArtemis Gold Inc. announced the results of its 2021 Feasibility Study for the staged development of the 100% owned Blackwater Gold Project in central British Columbia. The results of the Study supersede the 2020 Prefeasibility Study ("2020 PFS") dated August 26, 2020 entitled "Blackwater Gold Project British Columbia NI 43-101 Technical Report on Pre-Feasibility Study" filed on SEDAR by Artemis on September 18, 2020. The results of the FS reflect several positive changes in the approach to the planned development of the Blackwater Project compared with the 2020 PFS. The scope changes incorporated in the Study include: Higher initial throughput: Phase 1 throughput has been expanded 9% to 6 million tonnes per annum ("Mtpa") with a larger crushing circuit, providing greater operational throughput upside potential in the early years, up from 5.5Mtpa in the 2020 PFS. Streamlined Phase 2 & 3 Expansions: a greatly reduced footprint of the FS Stage 1 facility, and the installation of a higher-capacity gyratory crusher in the proposed Stage 1 development. Importantly this allows for a streamlined and construction-ready approach to the Phase 2 Expansion throughput of 12Mtpa. The increase in up-front investment of CAD 53 million reduces expansion capital to: CAD 347 million (a reduction of CAD 79 million from CAD 426 million in the 2020 PFS) for the Phase 2 expansion to 12Mtpa. CAD 374 million (a reduction of CAD 24 million from CAD 398 million in the 2020 PFS) for the Phase 3 expansion to 20Mtpa. Net impact is a slight increase in total life of mine ("LOM") capital to fund the 3 Phases of development to CAD 1,417 million, up from CAD 1,415 million in the 2020 PFS. Accelerated Phase 2 & Phase 3 expansions: Phase 2 expansion begins with an expansion to 9Mtpa in year 5 (up from 5.5Mtpa in year 5 in the 2020 PFS), ramping up to 12Mtpa in year 6. Phase 3 expansion begins with an expansion to 15Mtpa in year 10 (up from 12Mtpa in year 10 in the 2020 PFS), ramping up to 20Mtpa in year 11; An Environment, Social Governance ("ESG") commitment in the Stage 1 development phase: an initial investment to replace diesel and propane-powered components within the process plant facility reduces the carbon footprint of the Project; Phase 3 throughput of 20Mtpa is supported by two mineral processing trains, reduced from three in the 2020 PFS: results in lower overall maintenance and labour costs, with improved economies of scale at higher throughput rates; Estimate accuracy increased with reduced risk: the FS costing accuracy has improved to +15% /-10% (from +25%/-10% in the 2020 PFS). Engineering undertaken in connection with the guaranteed maximum price ("GMP") memorandum of understanding ("MOU") on each of the process plant and the power transmission line have de-risked these components since the 2020 PFS. The achievement of negotiated fixed-price EPC contracts for these components of capital cost (targeted for Fourth Quarter 2021/Q1 2022) will also mitigate the potential for capital cost and schedule overruns on up to approximately 50% of the initial development capital estimate; Compelling economics even after reflecting current inflationary pressures, timelines and additional management driven environmental investments: the initial development capital has increased 9% to CAD 645 million, up from CAD 592 million, which provides a 9% increase in Phase 1 annual throughput, with current pricing, and environmental investments. The net result is an after-tax net present value at a 5% discount rate ("NPV5%") of CAD 2.15 billion, an after-tax Internal rate of return ("IRR") of 32%, and an after-tax payback period of 2.3 years, essentially in line with the 2020 PFS. Key Economic Outputs of the Study: Base case after-tax NPV5% of CAD 2.15 billion reflecting current market consensus long term forecast gold price of USD 1,600/oz and 0.79 USD/CAD exchange rate (CAD 2,025/oz, effectively the same CAD gold price as the 2020 PFS of CAD 2,028/oz) increasing to CAD 2.76 billion at a USD 1,800/oz gold price; Base case after-tax IRR of 32%, approximating the 2020 PFS after-tax IRR of 35% after incorporating higher initial development capital and ESG investments. Levered1 after-tax IRR of 43%; Initial development capital cost of CAD 645 million to develop a 6Mtpa Phase 1 open pit mining and processing operation (up from a 5.5Mtpa operation in the 2020 PFS); Exceptional after-tax payback period on initial capital cost of 2.3 years; Optimized mine plan increases average grade to 1.62 g/t Au over the first five years of production, up from 1.57 g/t Au in the 2020 PFS, combined with average throughput of 6.6Mtpa increases average annual gold production by 29% (compared with the 2020 PFS) to 321,000 ounces of gold at an all-in sustaining cash cost ("AISC2") of CAD 732/oz generating annual free cash flow ("FCF3") of CAD 301 million.
공시 • Jul 16Province Approves Early Works Permit for Artemis Gold's Blackwater ProjectThe Province of British Columbia and Artemis Gold Inc. ("Artemis" or the "Company") announced the approval of Mines Act Permit M-246 allowing for early construction works at the Company's Blackwater Gold project in Central British Columbia ("Blackwater" or the "Project"). The approval of the early works permit is the first step required for mine construction, allowing for the necessary site preparation and land clearing work to begin. The Blackwater mine is estimated to be the larger gold mine development project in the Cariboo region of B.C. in the last decade, supporting regional employment over 25 years, including the construction period, with the potential for that to be extended through further exploration. Blackwater is to be connected to the BC Hydro grid, which is powered by hydro-electricity providing it with a sustainable source of low-carbon power, with the potential to produce gold and silver with one of the lowest GHG emissions from an open pit in the world.
공시 • Jun 24Artemis Provides Final Results of Grade Control Drilling of High-Grade Near Surface MineralizationArtemis Gold Inc. provided a final report on the results of its Grade Control drilling program (the "Program") targeting the planned high- grade starter pit at the company's Blackwater Gold project in Central British Columbia, Canada ("Blackwater" or the "Project"). With all of the final assay results now completed and interpreted, the Program has significantly increased confidence in the elevated gold grades within the wide, near surface mineralization in the target area earmarked for the first year of operations at Blackwater. Based on the results, the Program supports the elevated gold grades at the beginning of the mine life as outlined in the 2020 Pre-Feasibility Study for Blackwater ("Blackwater Gold Project British Columbia NI 43- 101 Technical Report on Pre-Feasibility Study" with an effective date of August 26, 2020. The Program consisted of 561 holes and 33,216 m of reverse circulation ("RC") drilling, which commenced in mid- November 2020 and concluded at the end of March 2021, one month ahead of schedule. The Program was designed to bring the drill density from up to 50 x 50m diamond drill hole ("DDH") spacing down to 12.5 x 12.5m spacing, generating up to 16 times the data when compared to the reserve definition drill program conducted by the Project's previous owner, New Gold Inc. The Program targeted a zone within the first 60 m (six mining benches) from surface containing in excess of five million tonnes of high-grade ore to improve short-term mine planning at the start of production. In production, Artemis plans a continuous grade control drilling program targeting mine blocks 9-12 months ahead of ore production to the mill to maintain this discipline throughout the life of mine operations. The LeachWELLTM assay method was selected to increase the sample size from a more standard 50g to 1,000g sample, which reduces variability and increases repeatability of assay results. Additionally, the eachWELLTM method increases the understanding of leachability of the orebody with the information feeding directly into the process design. Extensive duplicate analyses highlight excellent LeachWELLTM repeatability of assay results and recoverable gold and silver. Of the total samples assayed, 1,207 samples were also assayed for residue gold and silver concentration in the LeachWELLTM residues, resulting in a calculated overall recovery of 96.5% for gold and 69.3% for silver. Including the previously released results, the Program has also confirmed excellent continuity of mineralization. Drill sampling consisted of reverse circulation drill cuttings being collected at a drill mounted Metzke rotating cone splitter by Artemis personnel on 3 m intervals. Samples were placed into bags and further split at the Blackwater sampling facility to 3 kg sample size using a jones riffle splitter. Samples were tagged with barcodes, placed in a sample crate and a laboratory dispatch form was completed. Samples were stored in a secure location prior to shipping. Chain-of-custody procedures consisted of filling out sample submittal forms that were sent to the laboratory with sample shipments to make certain that all samples were received by the laboratory. Sample preparation and analysis were performed by SGS Canada Inc. ("SGS"), located in Burnaby, British Columbia, Canada. SGS holds ISO/IEC accreditation for selected sample preparation and analytical techniques and is independent of the Company. Sample preparation consisted of drying, crushing and pulverizing to 75% passing 75 µm. Gold and silver analyses were performed using a 5-hour 1,000 g LeachWELLTM method with an inductively coupled plasma mass spectrometry finish (ICP-MS). The representativeness of the LeachWELLTM analytical technique to a mineral deposit is dependent on the leaching characteristics of the material submitted. As no certified standard reference material had been prepared from the same material that was to be leached, no standard reference materials were inserted in the grade control sample stream to directly monitor analytical precision. Precision checks consisted of comparisons to results from split samples using 50 g fire assay methods, comparison of data to existing diamond drill holes and review of SGS laboratory standards. Additionally, LeachWELLTM tails solids were consistently checked for non leachable gold and silver using 50 g fire assay for gold and 2 g 4-acid digestion for silver. The Company randomly inserted blank and duplicate samples into the sample stream as part of the quality assurance and quality control (QA/QC) monitoring for the Program at an insertion rate of ~14%. These samples had closely monitored contamination, splitter functionality and analytical repeatability, respectively.
Recent Insider Transactions • Jun 03Vice President of Capital Markets recently bought CA$92k worth of stockOn the 1st of June, Nicholas Campbell bought around 14k shares on-market at roughly CA$6.59 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$918k more in shares than they have sold in the last 12 months.
공시 • May 26Artemis Gold Inc. announced that it has received CAD 56.12 million in fundingOn May 25, 2021, Artemis Gold Inc. (TSXV:ARTG) closed the transaction. The company has received the approval from the TSX Venture Exchange and remains subject to final approval by the TSX-V. After the closing of the Non-Brokered private placement, the Company’s cash and cash equivalents balance is approximately CAD 204 million. The transaction included participation from insiders which purchased 9,002,700 Common Shares pursuant to non-brokered private placement.
공시 • May 21Artemis Gold Inc. announced that it expects to receive CAD 56.12 million in fundingArtemis Gold Inc. (TSXV:ARTG) announced a non-brokered private placement of up to 9,200,000 common shares at a price of CAD 6.10 per share for gross proceeds of up to CAD 56,120,000. The transaction will include participation from insiders and employees of the Company. The transaction is expected to close by close by the end of next week. Closing of the transaction is subject to certain conditions, including but not limited to, the Company receiving the approval of the TSX Venture Exchange.
공시 • May 05Artemis Provides Interim Results of Grade Control Drilling of High-Grade Near Surface MineralizationArtemis Gold Inc. provided an update to its Grade Control drilling program that commenced in Fourth Quarter 2020 targeting the planned high-grade starter pit at the Company's Blackwater Gold project in Central British Columbia, Canada ("Blackwater" or the "Project"). To date, results from the Program provide significantly increased confidence in the target area earmarked for the first year of operations at Blackwater compared with the corresponding area in the Company's mineral resource estimate as contained in the Company's 2020 PFS (defined below). The Program was designed to bring the drill density from up to 50 x 50m core spacing down to 12.5 x 12.5m spacing, generating up to 16 times the data when compared to the New Gold reserve definition drill program. This Program has targeted a zone within the first 60 m (six mining benches) from surface containing in excess of five million tonnes of high-grade ore to improve short-term mine planning at the start of production. The other primary objectives of the Program were to: Optimize the grade selectivity and mine schedule for managing the ore tonnes and grade to be processed in the first year of operations; More accurately delineate ore and waste boundaries to mitigate dilution; Optimize drill and blast designs; Provide a larger sample size to reduce grade variability. The Program consisted of 561 holes and 33,216 m of reverse circulation ("RC") drilling, which commenced in mid-November 2020 and concluded at the end of March 2021, one month ahead of schedule. The associated assaying work is ongoing, with all samples dispatched for analysis to SGS Canada Inc. ("SGS") in Burnaby, B.C. To date, a total of 9,286 assays or approximately 75% of the total samples dispatched have been returned, confirming the planned high-grade early mining phase for Blackwater The LeachWELL assay method was selected to increase the sample size from a more standard 50g to one kilogram sample which reduces variability and increases repeatability of assay results. Additionally, the LeachWELL method increases the understanding of leachability of the orebody with the information feeding directly into the process design. Extensive duplicate analyses highlight excellent LeachWELLTM repeatability of assay results and recoverable gold and silver. To date, 849 samples were assayed for residue gold and silver concentration in the LeachWELL residues, resulting in a calculated overall recovery of 96.7% for gold and 72.2% of silver.
공시 • Mar 03Artemis Gold Inc. Provides Update on Blackwater Site ActivitiesArtemis Gold Inc. provided an update on the site activities related to the advancement of the Blackwater Gold Project in Central British Columbia. In support of the Definitive Feasibility Study ("DFS") and in preparation for commencement of construction for Blackwater, Artemis has been conducting the following activities: To date, the Company has completed approximately 22,500 metres of ore grade control drilling over 396 holes with a total of 7,376 samples prepared and dispatched for analysis to SGS Canada Inc. in Burnaby, B.C. The total program is expected to be completed by April for a total of approximately 35,000 metres of reverse circulation ("RC") drilling planned. Initial testwork at the laboratory focused on comparing conventional assay methods (Fire Assay and 4-Acid digestion) with the LeachWELL assaying method. Results to date have exhibited excellent repeatability between those assay methods. Approximately 1,794 assay results were received as at the end of February. The RC ore grade control drilling program is focused on an area in the southwestern portion of the Blackwater pit, scheduled to be mined in year 1 of operations as per the company's 2020 Pre-Feasibility Study. The Program is expected to provide up to 16 times higher data density than what was used for the Mineral Resource estimate incorporated into the 2020 PFS to allow optimization of grade selectivity and mine schedule for managing ore to be processed. This practice is expected to significantly de-risk mine performance, particularly in the initial years of production. As part of the ore grade control drilling program, the Company is also performing metallurgical testwork on the sampled RC material, which increases the Company's metallurgical sample size by 1,794 samples to assess variability of gold and silver recoveries. Samples are subjected to the LeachWELL assay process with the grade of the residual tails fire assayed and compared with whole-material fire assay results in order to estimate net recoverable gold and silver. To date, the LeachWELL test work has returned an average gold recovery of 95.7% with an average silver recovery of 71.4%, which further supports the life of mine estimates for gold recovery of 93% and silver recovery of 65% estimated in the 2020 PFS. A geotechnical drilling program commenced in November 2020 to support detailed design of the tailings storage facility and the freshwater reservoir for Blackwater. This program included downhole seismic surveys and was further in January 2021 to incorporate additional drilling within the proposed plant-site area. The company to announce the successful completion of the expanded program with 28 holes drilled for a total of 1,395m. Artemis is working to secure GMP proposals for the processing facility and transmission line for Blackwater to reduce risk and mitigate the potential for capital cost and schedule overruns by entering into fixed-price contracts for these components of the initial construction capital costs. Final GMP proposals for the processing plant have been received and are being evaluated with the selection of a preferred bidder on the processing plant expected to be announced in March 2021. Once the preferred bidder is selected, Artemis will begin negotiations and finalize detailed engineering and commercial terms on a fixed-price Engineering, Procurement and Construction ("EPC") contract. The Company is targeting a final fixed-price EPC contract for the processing facility in Third Quarter 2021. Further updates related to the powerline GMP will be provided in Second Quarter 2021.
Is New 90 Day High Low • Feb 28New 90-day low: CA$5.33The company is down 3.0% from its price of CA$5.49 on 30 November 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 1.0% over the same period.
공시 • Feb 25Artemis Gold Inc. Makes Submission for Schedule 2 Amendment Process as Part of the Final Permitting Process for BlackwaterArtemis Gold Inc. announced that it has submitted documents to Environment and Climate Change Canada to commence the Federal Schedule 2 amendment regulatory process under the Metal and Diamond Mining Effluent Regulations in respect of its Blackwater Gold Project in Central British Columbia. About the Schedule 2 Amendment Process As part of the final permitting phase for Blackwater, a listing on Schedule 2 of the MDMER by way of regulatory amendment is required. An Environmental Assessment for the Project was approved by the Federal and BC governments in 2019. As part of the normal course of work forming part of the EA process, an objective and rigorous assessment of alternatives for mine waste disposal was completed to mitigate environmental risks. In addition, a fish habitat compensation plan was designed. These two key elements have now been submitted to commence the formal regulatory amendment process. Given the extensive consultation and study undertaken as part of the EA approval, Artemis believes that Blackwater is eligible for a streamlined Schedule 2 amendment process. The shorter streamlined process does not diminish environmental protection but provides a more efficient regulatory system that aims to shorten the approval time to 5-6 months. The standard regulatory amendment process typically takes 8- 12 months.
Recent Insider Transactions • Feb 14Vice President of Capital Markets recently bought CA$232k worth of stockOn the 10th of February, Nicholas Campbell bought around 39k shares on-market at roughly CA$5.94 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$826k more in shares than they have sold in the last 12 months.
공시 • Feb 10Artemis Gold Inc. Submits Early Works Permit Applications for Blackwater Gold ProjectArtemis Gold Inc. announced that it has submitted applications to the B.C. Government to undertake an early works construction program in respect of its Blackwater Gold Project in Central British Columbia. The Program is designed to focus on clearing of key infrastructure areas including haul roads, the stage 1 tailing storage facility and camp areas. In addition, construction of the mine access road and plant-site bulk earthworks will be fast-tracked to facilitate early mobilization of the Engineering, Procurement and Construction contractor to site upon receipt of major works permits. The permitting process in respect of the Program is expected to take several months with approvals anticipated in late second quarter 2021.
공시 • Feb 09Artemis Gold Inc Appoints Candice Alderson as Senior Vice President Corporate AffairsArtemis Gold Inc. announced the appointment of Candice Alderson as Senior Vice President Corporate Affairs for the company. Ms. Alderson will be responsible for executing the Company’s strategy, alongside senior management, in respect of stakeholder and government affairs, and key relationship and contract management for the company, in respect of its Blackwater Gold Project (“Blackwater” or the “Project”). Ms. Alderson will join the company in her new role, based out of the company’s Vancouver office, effective February 15, 2021.
공시 • Jan 29Artemis Gold Inc. Announces the Appointment of Gerrie Van Der Westhuizen as Vice President FinanceArtemis Gold Inc. announced the appointment of Gerrie van der Westhuizen as Vice President Finance for the Company effective January 27, 2021. Based out of the Company's Vancouver office, Mr. Van der Westhuizen will be responsible for managing the finance function for the Company in respect of strategic financial analysis and planning, treasury & debt management, budgeting, financial reporting, business processes & related controls as well as building the finance team both at the Company's head office and at the Company's wholly owned Blackwater Gold Project.
Recent Insider Transactions • Jan 20Vice President of Capital Markets recently bought CA$156k worth of stockOn the 15th of January, Nicholas Campbell bought around 25k shares on-market at roughly CA$6.24 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$594k more in shares than they have sold in the last 12 months.
공시 • Jan 08Artemis Gold Inc. Appoints Jeremy Langford as Chief Operating OfficerArtemis Gold Inc. announced the appointment of Jeremy Langford as Chief Operating Officer ("COO") of the Company effective January 06, 2021. Based out of the Company's Vancouver office, Mr. Langford will be responsible for the overall operational and technical management of the Company's assets as well as take a lead role alongside the Chairman and CEO of the Company in executing the Company's business plan and strategy. Mr. Langford served most recently in the role of COO of Centamin Plc and prior to that COO & EVP Construction and Technical Services with Endeavour Mining Corporation, at which time he had the responsibility of advancing Endeavour's development assets.
Is New 90 Day High Low • Dec 24New 90-day high: CA$6.54The company is up 2.0% from its price of CA$6.39 on 24 September 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
공시 • Nov 12Artemis Gold Inc Announces to Present Key Data on the Near Surface High Grade Starter Pit Mineralization and the Commencement of Its Grade Control Drilling Program at the Company's Blackwater Gold Project in Central British Columbia, CanadaARTEMIS GOLD INC announced to present key data on the near surface high grade starter pit mineralization and the commencement of its grade control drilling program at the company's Blackwater Gold project in Central British Columbia, Canada ("Blackwater" or the "Project"). The Company has budgeted for a 35,000 metre reverse circulation drill program (the "Program") targeting mineralization planned to be mined during the first year of production within Phase 1 of the Blackwater development plan as set out in the Company's 2020 Pre-Feasibility Study on the Project ("Blackwater Gold Project British Columbia NI 43-101 Technical Report on Pre-Feasibility Study" with an effective date of August 26, 2020, available on the Company's website and on SEDAR at www.sedar.com ("2020 PFS")). The primary objectives of the Program are to: Optimize grade selectivity and mine schedule for managing the tonnes and grade of mineralized material to be processed in the first year of operations; Increase data density by up to 16 times over current diamond drilling data; More accurately delineate ore and waste boundaries to mitigate ore dilution; Improve drill and blast designs; De-risk uncertainty regarding ore mined and milled during ramp-up from a project financing perspective; and Provide a larger sample size to reduce the grade variability of mineralization. Some of the high-grade mineralized zones intersected in previous drill programs as conducted by the previous owner of Blackwater, New Gold Inc. ("New Gold"). These high-grade mineralized zones are also illustrated in the Stage 1 pit design for bench 1570. This bench is one of seven benches planned to be mined in the first year of operations based on the Company's 2020 PFS. The 2020 PFS mine plan, on bench 1570 of the Phase 1 open pit, reports Mineral Reserves of 1,365,000 tonnes at grade of 1.45 g/t AuEq1 at a >0.50 g/t AuEq1 cut-off grade, available for processing, with an additional 795,000 tonnes grading 0.36 g/t AuEq1 to be stockpiled for processing in Phase 4. These high-grade mineralized zones are also illustrated in the open pit design for bench 1480, one of eight benches planned to be mined in year seven of operations per the 2020 PFS. Within this bench, the Mineral Reserve reports up to 4,554,000 tonnes at a grade of 1.39 g/t AuEq1 of mineralized material at a >0.50 g/t AuEq1 cut-off grade available for processing with an additional 2,406,000 tonnes grading 0.36 g/t AuEq1 to be stockpiled for processing in Phase 4.
