Artemis Resources (LON:ARV) Shares Up 9.6% – Still a Buy?

Artemis Resources Limited (LON:ARVGet Free Report)’s share price was up 9.6% during trading on Thursday . The company traded as high as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). Approximately 5,772,065 shares changed hands during mid-day trading, an increase of 332% from the average daily volume of 1,335,804 shares. The stock had previously closed at GBX 0.37 ($0.00).

Artemis Resources Stock Performance

The business has a 50 day moving average of GBX 0.42 and a 200-day moving average of GBX 0.50. The company has a market capitalization of £19.73 million, a P/E ratio of -0.90 and a beta of 0.18.

Artemis Resources Company Profile

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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.

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