Artemis Resources (LON:ARV) Trading Down 20.3% – Here’s What Happened

Artemis Resources Limited (LON:ARV) shares traded down 20.3% on Monday . The company traded as low as GBX 0.26 and last traded at GBX 0.26. 4,944,278 shares were traded during mid-day trading, a decline of 84% from the average session volume of 30,329,938 shares. The stock had previously closed at GBX 0.32.

Artemis Resources Stock Performance

The business has a 50 day simple moving average of GBX 0.43 and a 200-day simple moving average of GBX 0.38. The firm has a market cap of £11.35 million, a price-to-earnings ratio of -1.04 and a beta of 0.18.

About Artemis Resources

Artemis Resources (ASX/AIM: ARV; FRA: ATY; US: ARTTF) is a gold and copper-focused resources company with projects in Western Australia.

The Company’s projects include;
• The Karratha Gold and Copper Project (100%) – includes the Carlow gold/copper resource with multiple prospective satellite prospects including Titan, where drilling hit 1m at 16.4g/t Au.
• Cassowary Iron Ore Copper Gold (IOCG) Potential – located east of Kalgoorlie on the edge of a crustal boundary with a number of identified intrusions targeted for drilling in late 2025.
• Paterson Central Gold/Copper project in the Paterson Province (located adjacent to Greatland Gold / Newmont’s recent gold-copper discovery at Havieron and only ~42km from the Newmont Telfer gold mine).
• Artemis also owns the Radio Hill processing plant, located only 35km from Karratha.