Artemis Gold (OTCMKTS:ARGTF) Shares Up 4.5% – Time to Buy?

Artemis Gold Inc. (OTCMKTS:ARGTF) shares shot up 4.5% during mid-day trading on Wednesday . The stock traded as high as $11.71 and last traded at $11.71. 16,985 shares were traded during mid-day trading, a decline of 26% from the average session volume of 22,938 shares. The stock had previously closed at $11.20.

Analyst Ratings Changes

Separately, TD Securities initiated coverage on Artemis Gold in a report on Tuesday, February 4th. They set a “buy” rating for the company.

Artemis Gold Stock Performance

The company has a 50 day simple moving average of $10.96 and a 200 day simple moving average of $10.23.

About Artemis Gold

Artemis Gold Inc, a gold development company, focuses on the identification, acquisition, and development of gold properties. The company holds equity ownership interest in Velocity Minerals Ltd. that focus on exploration and development of gold properties in Bulgaria. It holds 100% interest in the Blackwater Gold Project located in central British Columbia.