Artemis Gold Inc (ARTG) Fair Value & Analysis
Basic Materials · CA · Market cap C$8.3B
Fair value as of: Jul 14, 2026
From 23 valuation models · updated 27 days ago
Share price +28.7% over the past month.
A solid business, but screening 47% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (C$28.42). The favourable scenario is already priced in.
- The model range is unusually wide (C$10.19 to C$28.42). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.
How to read this chart
60‑month range C$3.55 – C$46.49 · fair‑value band C$10.19 – C$28.42 · the C$41.17 price screens above the C$21.86 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.
Analysis
Artemis Gold Inc (ARTG) currently trades at C$41.17, while our model-based Fair Value estimate is C$21.86, implying the stock looks roughly 46.9% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Artemis Gold Inc generated revenue of C$1.2B at a net margin of 38.6%. It earns a return on equity of 53.0%. Net debt stands at C$282M. The stock trades on a trailing P/E of 18.4. Fundamentals as of Jul 14, 2026
Our scenario range runs from C$10.19 (bear case) to C$28.42 (bull case); at C$41.17, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 16% below its 52-week high and 75% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -28% fair-value upside, at -47%, ARTG screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 23 models by family
Widest divergence: Growth Earnings (C$21.86) versus Asset-Based (C$2.91). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 56
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Artemis Gold Inc. engages in the identification, acquisition, and development of gold properties in Canada. The company explores for gold and silver deposits. Its flagship asset is its 100% owned Blackwater Gold project, which consists of 328 mineral claims covering an area of 148,688 ha located in central British Columbia. Artemis Gold Inc.
Full company description
Artemis Gold Inc. engages in the identification, acquisition, and development of gold properties in Canada. The company explores for gold and silver deposits. Its flagship asset is its 100% owned Blackwater Gold project, which consists of 328 mineral claims covering an area of 148,688 ha located in central British Columbia. Artemis Gold Inc. was incorporated in 2019 and is headquartered in Vancouver, Canada.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Artemis Gold Inc reported revenue of C$914M in FY2025 versus C$0 in FY2021. Reported net income was C$349M in FY2025.
ARTG screens 47% overvalued. Compare with Fresnillo plc →
Recent news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Artemis Gold Provides Update on Phase 1A Expansion
- Artemis Gold Announces Record Q2 2026 Production Results
- Artemis Gold Announces Granting of Stock Options and Share Units
- Artemis Gold Announces Management Succession
Peer Group
Other Precious Metals & Mining · 102 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Other Precious Metals & Mining median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Other Precious Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Fresnillo plc FRES | 579.75 MXN | 558.30 MXN | -4% |
| Hecla Mining Company HL | $14.52 | $8.15 | -44% |
| Compañía de Minas Buenaventura S.A. BVN | $29.82 | $29.96 | +0% |
| Sibanye Stillwater Limited SBSW | $8.12 | $9.90 | +22% |
| China Gold International Resources Corp CGG | C$24.78 | C$18.48 | -25% |
| Triple Flag Precious Metals Corp TFPM | $28.10 | $16.03 | -43% |
| Sino-Platinum Metals Co 600459 | ¥21.01 | ¥13.23 | -37% |
| Perpetua Resources Corp PPTA | C$26.10 | C$5.85 | -78% |
| Zhaojin International Gold Co 000506 | ¥13.15 | ¥2.84 | -78% |
| Al Masane Al Kobra Mining Company 1322 | 74.05 SAR | 53.08 SAR | -28% |
Compare Artemis Gold Inc with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Artemis Gold Inc (ARTG) overvalued or undervalued?
What is the fair value of ARTG?
What is the quality score of ARTG?
What is the revenue of Artemis Gold Inc (ARTG)?
What is the net profit margin of ARTG?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Artemis Gold Inc and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.