ARTEMIS GOLD INC (ARTG.CA) Stock Fundamental Analysis

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

45.32 CAD

+1.08 (+2.44%)

Last: 1/23/2026, 7:00:00 PM

Fundamental Rating

We assign a fundamental rating of 3 out of 10 to ARTG. ARTG was compared to 820 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.

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1. Profitability

1.1 Basic Checks

In the past year ARTG was profitable.
In the past year ARTG had a positive cash flow from operations.
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

ARTG's Return On Assets of 9.39% is amongst the best of the industry. ARTG outperforms 92.07% of its industry peers.
ARTG has a Return On Equity of 23.86%. This is amongst the best in the industry. ARTG outperforms 96.22% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.15%, ARTG belongs to the top of the industry, outperforming 96.59% of the companies in the same industry.

		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 97.32% of the companies in the same industry.
With an excellent Operating Margin value of 70.83%, ARTG belongs to the best of the industry, outperforming 99.88% of the companies in the same industry.

		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

The number of shares outstanding for ARTG has been increased compared to 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.

2.2 Solvency

An Altman-Z score of 5.60 indicates that ARTG is not in any danger for bankruptcy at the moment.
ARTG has a Altman-Z score (5.60) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.66 indicates that ARTG is somewhat dependend on debt financing.
The Debt to Equity ratio of ARTG (0.66) is worse than 71.83% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.66
Debt/FCF	N/A
Altman-Z	5.6

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 has a Current ratio of 0.51. This is in the lower half of the industry: ARTG underperforms 69.15% of its industry peers.
A Quick Ratio of 0.40 indicates that ARTG may have some problems paying its short term obligations.
With a Quick ratio value of 0.40, ARTG is not doing good in the industry: 70.37% of the companies in the same industry are doing better.

		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

ARTG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 97.08% yearly.
ARTG is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 212.17% yearly.

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 52.09, ARTG can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of ARTG indicates a rather cheap valuation: ARTG is cheaper than 87.93% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.21, ARTG is valued quite expensively.
A Price/Forward Earnings ratio of 16.40 indicates a correct valuation of ARTG.
Based on the Price/Forward Earnings ratio, ARTG is valued cheaper than 91.71% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, ARTG is valued a bit cheaper.

		Industry Rank	Sector Rank
PE	52.09
Fwd PE	16.4

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ARTG indicates a rather cheap valuation: ARTG is cheaper than 91.22% of the companies listed in the same industry.

		Industry Rank	Sector Rank
P/FCF	N/A
EV/EBITDA	25.52

4.3 Compensation for Growth

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