Artemis Gold Inc ( (ARGTF) ) has released its Q3 earnings. Here is a breakdown of the information Artemis Gold Inc presented to its investors.
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Artemis Gold Inc. is a growth-oriented gold and silver producer focused on the development and operation of the Blackwater Mine in British Columbia, Canada. The company has recently reported its financial and operational results for the third quarter of 2025, showcasing strong performance metrics and strategic advancements.
In Q3 2025, Artemis Gold achieved a mill throughput rate exceeding design capacity, producing 60,985 ounces of gold and generating $308.1 million in revenue. The company’s all-in sustaining costs (AISC) were reported at US$840 per ounce, with an AISC margin of 72%, reflecting robust financial health and operational efficiency.
Key highlights from the report include a significant increase in cash flow from operating activities to $163.7 million and an adjusted net income of $141.7 million. The company also commenced construction on the Phase 1A expansion, which aims to increase processing capacity by 33% by late 2026, and secured a $700 million credit facility to refinance existing debt and support future growth.
Looking forward, Artemis Gold remains optimistic about its growth prospects, with plans to optimize plant performance and expand its operations. The company maintains its production guidance for 2025 and anticipates achieving strong financial results driven by increased mill throughput and higher feed grades.