Artemis Gold (OTCMKTS:ARGTF) Stock Price Down 5.4% – Time to Sell?

Artemis Gold Inc. (OTCMKTS:ARGTF) was down 5.4% on Thursday. The stock traded as low as $26.84 and last traded at $26.84. 47,202 shares traded hands during mid-day trading, an increase of 27% from the average daily volume of 37,260 shares. The stock had previously closed at $28.37.

Analysts Set New Price Targets

Separately, TD Securities reissued a “hold” rating on shares of Artemis Gold in a research note on Monday, September 28th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, Artemis Gold currently has a consensus rating of “Hold”.

Artemis Gold Price Performance

The stock’s fifty day simple moving average is $28.77 and its two-hundred day simple moving average is $26.26.

About Artemis Gold

Artemis Gold Inc is a Canadian mineral development company focused on advancing gold projects in North America. Its principal asset is the Blackwater Gold Project, a large open-pit gold and silver project in central British Columbia, Canada, located approximately 160 kilometres southwest of Prince George.

Artemis Gold acquired a 100% interest in Blackwater from New Gold Inc in 2019 and has since worked to advance the project through permitting, engineering, financing and construction. The planned operation is designed to mine and process ore on site, producing gold doré and silver as a by-product.