TSXV:ARTGMetals and Mining
Artemis Gold (TSXV:ARTG) Stock Gains Force As Blackwater Cash Flow Builds
Artemis Gold stock closed at CA$41.17 today after a strong run over the past month, yet the real story sits in the latest quarter. Q2 delivered roughly CA$433.6m in revenue and about CA$199.0m in net income, powered by record production and a very lean all in sustaining cost of US$955 per ounce. The market is reacting to a miner that now throws off substantial cash while still spending heavily on growth.
For anyone thinking beyond this week, the question is how those Q2 margins and project...