Artemis Resources (LON:ARV) Trading Up 17.6% – Still a Buy?

Artemis Resources Limited (LON:ARVGet Free Report)’s share price was up 17.6% during mid-day trading on Friday . The company traded as high as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 227,126 shares traded hands during trading, a decline of 87% from the average daily volume of 1,742,373 shares. The stock had previously closed at GBX 0.43 ($0.01).

Artemis Resources Price Performance

The stock has a market capitalization of £21.70 million, a price-to-earnings ratio of -0.98 and a beta of 0.18. The business’s 50 day simple moving average is GBX 0.44 and its 200-day simple moving average is GBX 0.58.

About Artemis Resources

(Get Free Report)

Artemis Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. It explores for gold, nickel, cobalt, lithium, and copper deposits. The company's principal projects include the Carlow Castle Gold-Copper-Cobalt project located in the West Pilbara, Western Australia; and the Paterson Central Gold-Copper located in the Yaneena Basin of the Paterson Province, Western Australia.

Further Reading

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