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ARTEMIS GOLD INC (ARTG.CA) Stock Fundamental Analysis

Canada - TSX-V:ARTG - CA04302L1004 - Common Stock

36.64 CAD
+0.44 (+1.22%)
Last: 10/3/2025, 7:00:00 PM
Fundamental Rating

3

ARTG gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 822 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 has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

4

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.
In the past 5 years ARTG always reported negative net income.
ARTG had a negative operating cash flow in each of the past 5 years.
ARTG.CA Yearly Net Income VS EBIT VS OCF VS FCFARTG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M -300M -400M

1.2 Ratios

ARTG has a better Return On Assets (4.25%) than 89.05% of its industry peers.
Looking at the Return On Equity, with a value of 11.46%, ARTG belongs to the top of the industry, outperforming 92.34% of the companies in the same industry.
ARTG has a Return On Invested Capital of 8.26%. This is amongst the best in the industry. ARTG outperforms 93.19% of its industry peers.
Industry RankSector Rank
ROA 4.25%
ROE 11.46%
ROIC 8.26%
ROA(3y)-2.05%
ROA(5y)-2.04%
ROE(3y)-3.68%
ROE(5y)-3.16%
ROIC(3y)N/A
ROIC(5y)N/A
ARTG.CA Yearly ROA, ROE, ROICARTG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

The Profit Margin of ARTG (31.51%) is better than 97.08% of its industry peers.
ARTG's Operating Margin of 66.68% is amongst the best of the industry. ARTG outperforms 99.64% of its industry peers.
Industry RankSector Rank
OM 66.68%
PM (TTM) 31.51%
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
ARTG.CA Yearly Profit, Operating, Gross MarginsARTG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024

1

2. Health

2.1 Basic Checks

ARTG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ARTG has more shares outstanding
The debt/assets ratio for ARTG is higher compared to a year ago.
ARTG.CA Yearly Shares OutstandingARTG.CA Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
ARTG.CA Yearly Total Debt VS Total AssetsARTG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

An Altman-Z score of 4.25 indicates that ARTG is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.25, ARTG is in line with its industry, outperforming 58.27% of the companies in the same industry.
A Debt/Equity ratio of 0.54 indicates that ARTG is somewhat dependend on debt financing.
The Debt to Equity ratio of ARTG (0.54) is worse than 72.99% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF N/A
Altman-Z 4.25
ROIC/WACCN/A
WACCN/A
ARTG.CA Yearly LT Debt VS Equity VS FCFARTG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M

2.3 Liquidity

A Current Ratio of 0.23 indicates that ARTG may have some problems paying its short term obligations.
ARTG has a worse Current ratio (0.23) than 76.40% of its industry peers.
A Quick Ratio of 0.18 indicates that ARTG may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.18, ARTG is doing worse than 77.49% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.23
Quick Ratio 0.18
ARTG.CA Yearly Current Assets VS Current LiabilitesARTG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 100M 200M 300M

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 487.10% over the past year.
EPS 1Y (TTM)487.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1533.33%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

ARTG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 98.32% yearly.
ARTG is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 199.09% yearly.
EPS Next Y1401.56%
EPS Next 2Y348.56%
EPS Next 3Y198.68%
EPS Next 5Y98.32%
Revenue Next Year4614.95%
Revenue Next 2Y763.16%
Revenue Next 3Y344.07%
Revenue Next 5Y199.09%

3.3 Evolution

ARTG.CA Yearly Revenue VS EstimatesARTG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B
ARTG.CA Yearly EPS VS EstimatesARTG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 1 2 3 4

5

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 101.78 indicates a quite expensive valuation of ARTG.
Based on the Price/Earnings ratio, ARTG is valued cheaper than 86.62% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.86, ARTG is valued quite expensively.
ARTG is valuated correctly with a Price/Forward Earnings ratio of 13.22.
ARTG's Price/Forward Earnings ratio is rather cheap when compared to the industry. ARTG is cheaper than 91.61% of the companies in the same industry.
ARTG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.32, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 101.78
Fwd PE 13.22
ARTG.CA Price Earnings VS Forward Price EarningsARTG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

88.93% of the companies in the same industry are more expensive than ARTG, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 47.52
ARTG.CA Per share dataARTG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 3

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 198.68% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.07
PEG (5Y)N/A
EPS Next 2Y348.56%
EPS Next 3Y198.68%

0

5. Dividend

5.1 Amount

ARTG does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

ARTEMIS GOLD INC

TSX-V:ARTG (10/3/2025, 7:00:00 PM)

36.64

+0.44 (+1.22%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)08-12 2025-08-12/amc
Earnings (Next)11-04 2025-11-04/amc
Inst Owners15.51%
Inst Owner ChangeN/A
Ins Owners6.26%
Ins Owner ChangeN/A
Market Cap8.46B
Analysts80
Price Target35.64 (-2.73%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)15.24%
Min EPS beat(2)-0.99%
Max EPS beat(2)31.48%
EPS beat(4)2
Avg EPS beat(4)4.58%
Min EPS beat(4)-13.15%
Max EPS beat(4)31.48%
EPS beat(8)6
Avg EPS beat(8)7.82%
EPS beat(12)9
Avg EPS beat(12)3.07%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)8.75%
PT rev (3m)25.9%
EPS NQ rev (1m)0%
EPS NQ rev (3m)520.69%
EPS NY rev (1m)-6.21%
EPS NY rev (3m)93.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.92%
Revenue NY rev (3m)22.25%
Valuation
Industry RankSector Rank
PE 101.78
Fwd PE 13.22
P/S 31.1
P/FCF N/A
P/OCF 43.08
P/B 11.31
P/tB 11.31
EV/EBITDA 47.52
EPS(TTM)0.36
EY0.98%
EPS(NY)2.77
Fwd EY7.57%
FCF(TTM)-1.17
FCFYN/A
OCF(TTM)0.85
OCFY2.32%
SpS1.18
BVpS3.24
TBVpS3.24
PEG (NY)0.07
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 4.25%
ROE 11.46%
ROCE 11.47%
ROIC 8.26%
ROICexc 8.55%
ROICexgc 8.55%
OM 66.68%
PM (TTM) 31.51%
GM N/A
FCFM N/A
ROA(3y)-2.05%
ROA(5y)-2.04%
ROE(3y)-3.68%
ROE(5y)-3.16%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score7
Asset Turnover0.13
Health
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF N/A
Debt/EBITDA 2.13
Cap/Depr 5114.6%
Cap/Sales 171.54%
Interest Coverage 250
Cash Conversion 103.08%
Profit Quality N/A
Current Ratio 0.23
Quick Ratio 0.18
Altman-Z 4.25
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)50898.3%
Cap/Depr(5y)52745.8%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)487.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1533.33%
EPS Next Y1401.56%
EPS Next 2Y348.56%
EPS Next 3Y198.68%
EPS Next 5Y98.32%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year4614.95%
Revenue Next 2Y763.16%
Revenue Next 3Y344.07%
Revenue Next 5Y199.09%
EBIT growth 1Y1230.42%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year5845.36%
EBIT Next 3Y389.77%
EBIT Next 5Y169.56%
FCF growth 1Y-4.62%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2369.85%
OCF growth 3YN/A
OCF growth 5YN/A