Artemis Resources (LON:ARV) Shares Down 14.5% – What’s Next?

Artemis Resources Limited (LON:ARV)’s stock price traded down 14.5% during mid-day trading on Wednesday . The stock traded as low as GBX 0.28 and last traded at GBX 0.28. 24,853,924 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 22,976,016 shares. The stock had previously closed at GBX 0.33.

Artemis Resources Stock Down 4.6%

The stock has a 50-day simple moving average of GBX 0.38 and a two-hundred day simple moving average of GBX 0.39. The firm has a market cap of £11.69 million, a PE ratio of -1.07 and a beta of 0.18.

About Artemis Resources

Artemis Resources (ASX/AIM: ARV; FRA: ATY; US: ARTTF) is a gold and copper-focused resources company with projects in Western Australia.

The Company’s projects include;
• The Karratha Gold and Copper Project (100%) – includes the Carlow gold/copper resource with multiple prospective satellite prospects including Titan, where drilling hit 1m at 16.4g/t Au.
• Cassowary Iron Ore Copper Gold (IOCG) Potential – located east of Kalgoorlie on the edge of a crustal boundary with a number of identified intrusions targeted for drilling in late 2025.
• Paterson Central Gold/Copper project in the Paterson Province (located adjacent to Greatland Gold / Newmont’s recent gold-copper discovery at Havieron and only ~42km from the Newmont Telfer gold mine).
• Artemis also owns the Radio Hill processing plant, located only 35km from Karratha.