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Bullboard - Stock Discussion Forum Artemis Gold Inc V.ARTG

Alternate Symbol(s):  ARGTF

Artemis Gold Inc. is a Canada-based gold development company. The Company is engaged in identifying, acquiring, and developing gold projects in mining-friendly jurisdictions. The Company operates through a single segment: the exploration and development of mineral properties. The Company is focused on the development of the Blackwater Gold Project (Blackwater Project) in central British... see more

TSXV:ARTG - Post Discussion

Artemis Gold Inc > "Price Target Cut to C$11/Share From $13.50 by PI Financial"
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Post by geolteacher on Oct 27, 2023 1:32pm

"Price Target Cut to C$11/Share From $13.50 by PI Financial"

This announcement came out yesterday.

>> anyone have access to a write-up, or whatever PI did? 

Interesting... PI Financial was involved in an $80M financing for Artemis, in the summer.
Comment by metalhead666 on Oct 27, 2023 3:06pm
Have not read the update but they're wrong. Probably has a much lower gold price in their model. ARTG is going significantly higher than their original $13 target
Comment by jedd11 on Oct 27, 2023 10:20pm
The PI Financial target is stll $13.50 to the best of my knowledge. You may be looking at the bot post on ceo.ca which appears to be incorrect.
Comment by metalhead666 on Oct 27, 2023 11:22pm
Thank you for clearing that up! 
Comment by AlwaysLong683 on Oct 30, 2023 12:03am
Price Targets Summary according to MarketScreener. 9 Analysts covering ARTG. Average Target Price:  8.084 USD or 11.20 CAD given current exchange rate of 1 CAD = 0.72 USD (ii.e., CAD is currently quite weak vs. USD). Potential flies in the ointment: 1) I find analysts in general to be very unreliable as they are usually too bullish on any given name.re. price targets (gotta keep on the ...more  
Comment by metalhead666 on Oct 30, 2023 3:56pm
ARTG is the least risky miner play out there. Half built, presold a bunch at higher prices, on budget and time, massive cash flow, prime takeover target.....If you had to own just one name this should be at the top of your list along with MOZ and SKE
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