ARTEMIS GOLD INC (ARTG.CA) Stock Fundamental Analysis

Canada • TSX Venture Exchange • TSX-V:ARTG • CA04302L1004

39.48 CAD

-2.83 (-6.69%)

Last: Jan 30, 2026, 07:00 PM

Fundamental Rating

Taking everything into account, ARTG scores 3 out of 10 in our fundamental rating. ARTG was compared to 814 industry peers in the Metals & Mining industry. ARTG has a medium profitability rating, but doesn't score so well on its financial health evaluation. ARTG is not valued too expensively and it also shows a decent growth rate.

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1. Profitability

1.1 Basic Checks

ARTG had positive earnings in the past year.
ARTG had a positive operating cash flow in the past year.
ARTG had negative earnings in each of the past 5 years.
In the past 5 years ARTG always reported negative operating cash flow.

1.2 Ratios

The Return On Assets of ARTG (9.39%) is better than 92.01% of its industry peers.
Looking at the Return On Equity, with a value of 23.86%, ARTG belongs to the top of the industry, outperforming 96.19% of the companies in the same industry.
ARTG has a better Return On Invested Capital (15.15%) than 96.56% of its industry peers.

		Industry Rank	Sector Rank
ROA	9.39%
ROE	23.86%
ROIC	15.15%

ROA(3y)-2.05%

ROA(5y)-2.04%

ROE(3y)-3.68%

ROE(5y)-3.16%

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

Looking at the Profit Margin, with a value of 35.66%, ARTG belongs to the top of the industry, outperforming 97.30% of the companies in the same industry.
ARTG's Operating Margin of 70.83% is amongst the best of the industry. ARTG outperforms 99.88% of its industry peers.

		Industry Rank	Sector Rank
OM	70.83%
PM (TTM)	35.66%
GM	N/A

OM growth 3YN/A

OM growth 5YN/A

PM growth 3YN/A

PM growth 5YN/A

GM growth 3YN/A

GM growth 5YN/A

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ROA

ROE

ROIC

Operating and Profit Margin

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2. Health

2.1 Basic Checks

Compared to 1 year ago, ARTG has more shares outstanding
ARTG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ARTG is higher compared to a year ago.

2.2 Solvency

ARTG has an Altman-Z score of 4.99. This indicates that ARTG is financially healthy and has little risk of bankruptcy at the moment.
ARTG has a Altman-Z score (4.99) which is in line with its industry peers.
A Debt/Equity ratio of 0.66 indicates that ARTG is somewhat dependend on debt financing.
ARTG has a worse Debt to Equity ratio (0.66) than 72.36% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.66
Debt/FCF	N/A
Altman-Z	4.99

ROIC/WACCN/A

WACCN/A

2.3 Liquidity

A Current Ratio of 0.51 indicates that ARTG may have some problems paying its short term obligations.
ARTG's Current ratio of 0.51 is on the low side compared to the rest of the industry. ARTG is outperformed by 69.53% of its industry peers.
ARTG has a Quick Ratio of 0.51. This is a bad value and indicates that ARTG is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.40, ARTG is doing worse than 71.01% of the companies in the same industry.

		Industry Rank	Sector Rank
Current Ratio	0.51
Quick Ratio	0.4

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WACC

Debt/Equity

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Altman-Z score

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3. Growth

3.1 Past

ARTG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 754.14%, which is quite impressive.

EPS 1Y (TTM)754.14%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%1020%

Revenue 1Y (TTM)N/A

Revenue growth 3YN/A

Revenue growth 5YN/A

Sales Q2Q%N/A

3.2 Future

The Earnings Per Share is expected to grow by 97.08% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 212.17% on average over the next years. This is a very strong growth

EPS Next Y1149.37%

EPS Next 2Y347.93%

EPS Next 3Y192.01%

EPS Next 5Y97.08%

Revenue Next Year4734.07%

Revenue Next 2Y768.27%

Revenue Next 3Y345.92%

Revenue Next 5Y212.17%

3.3 Evolution

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4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 45.38, ARTG can be considered very expensive at the moment.
Based on the Price/Earnings ratio, ARTG is valued cheaper than 87.84% of the companies in the same industry.
ARTG is valuated expensively when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
ARTG is valuated correctly with a Price/Forward Earnings ratio of 14.28.
92.01% of the companies in the same industry are more expensive than ARTG, based on the Price/Forward Earnings ratio.
ARTG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.

		Industry Rank	Sector Rank
PE	45.38
Fwd PE	14.28

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, ARTG is valued cheaper than 91.28% of the companies in the same industry.

		Industry Rank	Sector Rank
P/FCF	N/A
EV/EBITDA	22.39

4.3 Compensation for Growth

ARTG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ARTG's earnings are expected to grow with 192.00% in the coming years. This may justify a more expensive valuation.