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ARTEMIS GOLD INC (ARTG.CA) Stock Fundamental Analysis

TSX-V:ARTG - TSX Venture Exchange - CA04302L1004 - Common Stock - Currency: CAD

16.18  -0.02 (-0.12%)

Fundamental Rating

2

Taking everything into account, ARTG scores 2 out of 10 in our fundamental rating. ARTG was compared to 822 industry peers in the Metals & Mining industry. Both the profitability and financial health of ARTG have multiple concerns. ARTG does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year ARTG has reported negative net income.
ARTG had a negative operating cash flow in the past year.
ARTG had negative earnings in 4 of the past 5 years.
In the past 5 years ARTG always reported negative operating cash flow.
ARTG.CA Yearly Net Income VS EBIT VS OCF VS FCFARTG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 0 -100M -200M -300M -400M

1.2 Ratios

With an excellent Return On Assets value of -1.73%, ARTG belongs to the best of the industry, outperforming 82.42% of the companies in the same industry.
Looking at the Return On Equity, with a value of -4.46%, ARTG is in the better half of the industry, outperforming 76.97% of the companies in the same industry.
Industry RankSector Rank
ROA -1.73%
ROE -4.46%
ROIC N/A
ROA(3y)-2.41%
ROA(5y)0.79%
ROE(3y)-2.99%
ROE(5y)0.47%
ROIC(3y)N/A
ROIC(5y)N/A
ARTG.CA Yearly ROA, ROE, ROICARTG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 0 5 10

1.3 Margins

ARTG does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
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
ARTG.CA Yearly Profit, Operating, Gross MarginsARTG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023

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1

2. Health

2.1 Basic Checks

Compared to 1 year ago, ARTG has more shares outstanding
Compared to 1 year ago, ARTG has a worse debt to assets ratio.
ARTG.CA Yearly Shares OutstandingARTG.CA Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 50M 100M 150M
ARTG.CA Yearly Total Debt VS Total AssetsARTG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.2 Solvency

An Altman-Z score of 2.12 indicates that ARTG is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.12, ARTG is in line with its industry, outperforming 59.03% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that ARTG is somewhat dependend on debt financing.
ARTG's Debt to Equity ratio of 0.69 is on the low side compared to the rest of the industry. ARTG is outperformed by 72.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.69
Debt/FCF N/A
Altman-Z 2.12
ROIC/WACCN/A
WACCN/A
ARTG.CA Yearly LT Debt VS Equity VS FCFARTG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 0 200M -200M 400M -400M

2.3 Liquidity

ARTG has a Current Ratio of 0.17. This is a bad value and indicates that ARTG is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.17, ARTG is doing worse than 76.36% of the companies in the same industry.
A Quick Ratio of 0.17 indicates that ARTG may have some problems paying its short term obligations.
ARTG has a worse Quick ratio (0.17) than 75.76% of its industry peers.
Industry RankSector Rank
Current Ratio 0.17
Quick Ratio 0.17
ARTG.CA Yearly Current Assets VS Current LiabilitesARTG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 50M 100M 150M

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3

3. Growth

3.1 Past

The earnings per share for ARTG have decreased strongly by -166.00% in the last year.
EPS 1Y (TTM)-166%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-400%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

The Earnings Per Share is expected to grow by 124.30% on average over the next years. This is a very strong growth
ARTG is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 370.11% yearly.
EPS Next Y-41.4%
EPS Next 2Y322.84%
EPS Next 3Y215.9%
EPS Next 5Y124.3%
Revenue Next Year1801.68%
Revenue Next 2Y2620.75%
Revenue Next 3Y944.52%
Revenue Next 5Y370.11%

3.3 Evolution

ARTG.CA Yearly Revenue VS EstimatesARTG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B
ARTG.CA Yearly EPS VS EstimatesARTG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 2 3

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2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for ARTG. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 16.98, which indicates a correct valuation of ARTG.
Based on the Price/Forward Earnings ratio, ARTG is valued cheaper than 90.42% of the companies in the same industry.
ARTG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 16.98
ARTG.CA Price Earnings VS Forward Price EarningsARTG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -50 -100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
ARTG.CA Per share dataARTG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 -2

4.3 Compensation for Growth

A more expensive valuation may be justified as ARTG's earnings are expected to grow with 215.90% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y322.84%
EPS Next 3Y215.9%

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0

5. Dividend

5.1 Amount

No dividends for ARTG!.
Industry RankSector Rank
Dividend Yield N/A

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ARTEMIS GOLD INC

TSX-V:ARTG (3/7/2025, 7:00:00 PM)

16.18

-0.02 (-0.12%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-06 2024-11-06/amc
Earnings (Next)03-26 2025-03-26/amc
Inst Owners21.09%
Inst Owner ChangeN/A
Ins Owners4.03%
Ins Owner ChangeN/A
Market Cap3.65B
Analysts80
Price Target20.17 (24.66%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.94%
Min EPS beat(2)0.99%
Max EPS beat(2)10.88%
EPS beat(4)4
Avg EPS beat(4)11.07%
Min EPS beat(4)0.99%
Max EPS beat(4)25.75%
EPS beat(8)7
Avg EPS beat(8)-0.16%
EPS beat(12)8
Avg EPS beat(12)-40.18%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.58%
PT rev (3m)11.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.67%
EPS NY rev (1m)-15.86%
EPS NY rev (3m)-5%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-34.48%
Revenue NY rev (3m)-33.33%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 16.98
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 6.12
P/tB 6.12
EV/EBITDA N/A
EPS(TTM)-0.13
EYN/A
EPS(NY)0.95
Fwd EY5.89%
FCF(TTM)-2.18
FCFYN/A
OCF(TTM)-0.04
OCFYN/A
SpS0
BVpS2.64
TBVpS2.64
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -1.73%
ROE -4.46%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-2.41%
ROA(5y)0.79%
ROE(3y)-2.99%
ROE(5y)0.47%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score3
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0.69
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 70277.2%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.17
Quick Ratio 0.17
Altman-Z 2.12
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)35470.9%
Cap/Depr(5y)38640.8%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-166%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-400%
EPS Next Y-41.4%
EPS Next 2Y322.84%
EPS Next 3Y215.9%
EPS Next 5Y124.3%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year1801.68%
Revenue Next 2Y2620.75%
Revenue Next 3Y944.52%
Revenue Next 5Y370.11%
EBIT growth 1Y-25.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year90.9%
EBIT Next 3Y276.86%
EBIT Next 5Y152.4%
FCF growth 1Y-608.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-25.43%
OCF growth 3YN/A
OCF growth 5YN/A