Short Interest in Artemis Gold Inc. (OTCMKTS:ARGTF) Rises By 500.0%

Artemis Gold Inc. (OTCMKTS:ARGTF) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 1,800 shares, an increase of 500.0% from the September 15th total of 300 shares. Based on an average daily trading volume, of 73,500 shares, the short-interest ratio is currently 0.0 days.

A number of equities analysts recently issued reports on the stock. National Bank Financial decreased their price target on shares of Artemis Gold from C$10.00 to C$9.50 and set an “outperform” rating for the company in a research note on Friday, September 10th. National Bankshares raised their target price on shares of Artemis Gold from C$9.50 to C$9.75 and gave the company an “outperform” rating in a research note on Tuesday, September 14th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, Artemis Gold has an average rating of “Buy” and an average target price of $9.75.

Shares of OTCMKTS ARGTF traded up $0.06 on Thursday, reaching $4.40. 9,099 shares of the company’s stock traded hands, compared to its average volume of 21,552. Artemis Gold has a 12 month low of $3.40 and a 12 month high of $5.96. The business’s 50 day simple moving average is $4.31 and its two-hundred day simple moving average is $4.78.

Artemis Gold Company Profile

Artemis Gold Inc, a gold development company, focuses on the identification, acquisition, and development of gold properties. The company's asset portfolio includes a 32% equity interests in Velocity Minerals Ltd. that focuses on acquiring, exploring, and evaluating mineral resource properties in Bulgaria.

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