TD Securities initiated coverage of Artemis Gold (ARGTF) with a Buy rating and C$20 price target First gold from the Blackwater project in British Columbia is “well-timed” given scarcity of large-scale assets in Tier I jurisdictions, says the analyst, who anticipates near-term caution around funding capacity through ramp up, but sees a longer term re-rating opportunity for “Canada’s newest gold producer.”
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