Artemis Gold Inc.

TSXV:ARTG Stock Report

Market Cap: CA$3.2b

Artemis Gold Future Growth

Future criteria checks 6/6

Artemis Gold is forecast to grow earnings and revenue by 60.7% and 47.2% per annum respectively. EPS is expected to grow by 50.8% per annum. Return on equity is forecast to be 23% in 3 years.

Key information

60.7%

Earnings growth rate

50.8%

EPS growth rate

Metals and Mining earnings growth34.7%
Revenue growth rate47.2%
Future return on equity23.0%
Analyst coverage

Low

Last updated05 Dec 2024

Recent future growth updates

Recent updates

We Think Artemis Gold (CVE:ARTG) Can Afford To Drive Business Growth

Sep 20
We Think Artemis Gold (CVE:ARTG) Can Afford To Drive Business Growth

We're Hopeful That Artemis Gold (CVE:ARTG) Will Use Its Cash Wisely

Apr 28
We're Hopeful That Artemis Gold (CVE:ARTG) Will Use Its Cash Wisely

Here's Why We're Not Too Worried About Artemis Gold's (CVE:ARTG) Cash Burn Situation

Jan 12
Here's Why We're Not Too Worried About Artemis Gold's (CVE:ARTG) Cash Burn Situation

What Type Of Shareholders Make Up Artemis Gold Inc.'s (CVE:ARTG) Share Registry?

Jan 20
What Type Of Shareholders Make Up Artemis Gold Inc.'s (CVE:ARTG) Share Registry?

Earnings and Revenue Growth Forecasts

TSXV:ARTG - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20261,1793324277325
12/31/20259031804496615
12/31/202452-36-400242
9/30/2024N/A-27-492-9N/A
6/30/2024N/A-19-483-10N/A
3/31/2024N/A-16-465-10N/A
12/31/2023N/A-11-405-9N/A
9/30/2023N/A-9-337-9N/A
6/30/2023N/A-20-258-9N/A
3/31/2023N/A-19-169-9N/A
12/31/2022N/A-22-103-6N/A
9/30/2022N/A-24-69-7N/A
6/30/2022N/A-14-97-6N/A
3/31/2022N/A-14-89-6N/A
12/31/2021N/A-14-89-6N/A
9/30/2021N/A-10-82-4N/A
6/30/2021N/A-10-165-5N/A
3/31/2021N/A-3-158-5N/A
12/31/2020N/A-4-149-4N/A
9/30/2020N/A-4-145-4N/A
6/30/2020N/A-1-2-2N/A
3/31/2020N/A-1-1-1N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARTG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: ARTG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ARTG is expected to become profitable in the next 3 years.

Revenue vs Market: ARTG's revenue (47.2% per year) is forecast to grow faster than the Canadian market (7.3% per year).

High Growth Revenue: ARTG's revenue (47.2% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ARTG's Return on Equity is forecast to be high in 3 years time (23%)

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:49
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Artemis Gold Inc. is covered by 17 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew MikitchookBMO Capital Markets Equity Research
Brian QuastBMO Capital Markets Equity Research
Michael FairbairnCanaccord Genuity