2024-06-08 04:53:10 ET
Summary
- Analysis assigns a "Hold" rating for Artemis Gold Inc.
- Artemis Gold Inc. aims to pour its first gold in the second half of 2024 from the Blackwater Project.
- Blackwater Mine is expected to be a low-cost gold production facility with a 22-year mine life and significant expansion potential.
- The outlook for gold prices is promising.
This Analysis Recommend a "Hold" Rating For Artemis Gold Inc.
This analysis confirms the recommendation given in the previous analysis for the shares of Artemis Gold Inc. ( OTCPK:ARGTF ) ( ARTG:CA ) and therefore reiterates the rating “Hold”.
The previous “Hold” rating supported the view that, despite its technically high valuation, the stock still offered the opportunity to benefit from further increases in the price of safe-haven gold ahead of a risk of recession in 2024....
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For further details see:
Artemis Gold: Looming First Gold Pour While Gold Is Bullish