Artemis Gold Inc ( (ARGTF) ) has released its Q2 earnings. Here is a breakdown of the information Artemis Gold Inc presented to its investors.
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Artemis Gold Inc., a growth-oriented gold and silver producer, operates primarily in the mining sector with a focus on the Blackwater Mine in British Columbia.
In its latest earnings report for Q2 2025, Artemis Gold announced a production of 50,623 ounces of gold and highlighted a significant financial milestone with the arrangement of a $700 million revolving credit facility. The company also reported a net income of $100.2 million for the quarter.
Key financial metrics revealed that the company achieved an all-in sustaining cost (AISC) of US$805 per ounce, placing it among the lowest in the industry. The company also reported cash flow from operating activities of $185.1 million and adjusted EBITDA of $146.4 million. Additionally, the Blackwater Mine operated at 98.6% of its nameplate capacity during the post-commercial production period.
Looking ahead, Artemis Gold is focused on optimizing its current operations and exploring expansion opportunities. The company aims to achieve its production guidance for 2025 and expects AISC to trend lower in the second half of the year as efficiencies improve.