Artemis Gold (OTCMKTS:ARGTF) Stock Falls 1.4% – Here’s Why

Shares of Artemis Gold Inc. (OTCMKTS:ARGTF) fell 1.4% during mid-day trading on Thursday. The stock traded as low as $27.40 and last traded at $27.40. 24,097 shares traded hands during trading, a decline of 37% from the average session volume of 38,020 shares. The stock had previously closed at $27.78.

Analyst Upgrades and Downgrades

Separately, TD Securities reiterated a “hold” rating on shares of Artemis Gold in a research note on Monday. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Artemis Gold Stock Down 1.5%

The stock’s fifty day simple moving average is $28.42 and its 200-day simple moving average is $26.10.

About Artemis Gold

Artemis Gold Inc is a Canadian mineral development company focused on advancing gold projects in British Columbia. Its flagship asset is the 100%-owned Blackwater Gold Project, located in central British Columbia between Prince George and Quesnel.

The Blackwater project is designed as a large-scale open-pit gold and silver mining operation. Artemis is responsible for the project’s exploration, permitting, construction, development and planned operations, with activities intended to support the future production of gold and silver concentrates.

Artemis Gold was established to acquire and advance high-quality precious-metals assets.