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Artemis Resources Limited (AU:ARV)
ASX:ARV
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Artemis Resources (ARV) AI Stock Analysis

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AU:ARV

Artemis Resources

(Sydney:ARV)

Rating:32Underperform
Price Target:
Artemis Resources Limited's overall stock score is low, primarily due to financial performance challenges and the absence of clear technical analysis indicators. The company's strong revenue growth is overshadowed by significant profitability issues and cash flow challenges. The lack of technical data further complicates the evaluation, resulting in a cautious outlook.

Artemis Resources (ARV) vs. iShares MSCI Australia ETF (EWA)

Artemis Resources Business Overview & Revenue Model

Company DescriptionArtemis Resources Limited engages in the exploration and development of mineral properties. The company explores for gold, nickel, cobalt, and copper deposits. Its flagship projects include the Carlow Castle Gold-Copper-Cobalt project located in the West Pilbara region of Western Australia; and the Paterson Central Gold-Copper project covering an area of approximately 605 square kilometers located in the Yaneena Basin of the Paterson Province, Western Australia. Artemis Resources Limited was incorporated in 2003 and is based in Subiaco, Australia.
How the Company Makes MoneyArtemis Resources makes money by exploring and developing mineral resources, primarily focusing on gold and copper deposits. The company generates revenue through the sale of these extracted minerals to various buyers in the global commodities market. Artemis Resources may also engage in joint ventures or partnerships with other mining companies to share exploration costs and risks, potentially receiving additional income from such collaborations. Furthermore, the company might earn money through strategic asset sales or by licensing exploration rights when it identifies viable mineral deposits.

Artemis Resources Financial Statement Overview

Summary
Artemis Resources Limited shows a mixed financial performance. While revenue growth is strong, the company faces significant profitability challenges with negative EBIT and net profit margins. The balance sheet is stable with low leverage, but cash flow issues persist due to negative operating and free cash flows.
Income Statement
20
Very Negative
Artemis Resources Limited has experienced a significant increase in total revenue over the past year, but continues to face substantial losses. The gross profit margin is positive, yet EBIT and net profit margins remain deeply negative, indicating ongoing operational challenges. The revenue growth rate is high, suggesting potential for future recovery, but sustained profitability remains uncertain.
Balance Sheet
35
Negative
The company's balance sheet shows a strong equity position relative to total assets, with a low debt-to-equity ratio, indicating financial stability. However, stockholders' equity has decreased over time, and negative net income impacts return on equity, highlighting profitability concerns. Liquidity remains strong with a considerable cash reserve.
Cash Flow
25
Negative
Negative operating cash flow and free cash flow indicate cash burn, primarily driven by high capital expenditures. Despite improvement in financing cash flow, the company's ability to generate cash from operations remains a challenge. The ratios of cash flow to net income suggest inefficiencies in translating earnings into cash.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue240.38K80.17K33.39K133.81K185.22K
Gross Profit240.38K-121.60K-64.60K18.07K-334.90K
EBITDA-1.24M-16.71M-3.77M-4.08M-11.39M
Net Income-16.59M-16.92M-7.53M-10.48M-12.27M
Balance Sheet
Total Assets39.17M52.79M67.67M61.73M56.86M
Cash, Cash Equivalents and Short-Term Investments1.65M5.45M12.39M9.62M7.00M
Total Debt47.79K152.96K153.45K157.50K157.50K
Total Liabilities7.33M7.42M8.35M4.06M3.41M
Stockholders Equity31.83M45.37M59.32M57.67M53.45M
Cash Flow
Free Cash Flow-4.26M-8.89M-12.01M-11.74M-5.09M
Operating Cash Flow-1.81M-2.87M-3.86M-1.93M-2.09M
Investing Cash Flow-2.45M-3.80M-7.57M-2.54M-2.18M
Financing Cash Flow3.13M2.28M8.99M13.15M3.86M

Artemis Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
44
Neutral
AU$1.47B-5.90-41.17%4.21%-3.35%-41.14%
32
Underperform
$14.33M-53.93%-1133.33%
€12.75M-16.11%
€6.12M-75.66%
-4.06%
48
Neutral
AU$18.65M-3.70%-92.59%
31
Underperform
AU$15.27M-186.04%-47.06%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ARV
Artemis Resources
0.01
0.00
0.00%
DE:ZCB
Zenith Minerals Limited
0.03
<0.01
50.00%
DE:8EE
Altamin Limited
0.01
0.00
0.00%
DE:YBB
Carnavale Resources Limited
AU:CST
Castile Resources Ltd
0.06
-0.01
-14.29%
AU:CMD
Cassius Mining Ltd
0.02
0.01
100.00%

Artemis Resources Corporate Events

Artemis Resources Announces General Meeting for Shareholders
Aug 1, 2025

Artemis Resources Limited has announced a General Meeting for its shareholders, scheduled for August 29, 2025, in West Perth. The company encourages shareholders to lodge proxy forms and participate in the meeting either in person or by submitting questions in advance. This meeting is a key event for stakeholders to engage with the company’s strategic direction and governance.

Artemis Resources to Hold General Meeting on Share Issuance
Aug 1, 2025

Artemis Resources Limited has announced a general meeting to be held on August 29, 2025, where shareholders will vote on several resolutions related to share issuance. The resolutions include ratification of prior share issues, approval of new share issues under a placement, and issuance of shares to key company directors, which could impact the company’s capital structure and stakeholder interests.

Artemis Resources Announces Proposed Issue of Securities
Jul 30, 2025

Artemis Resources Limited has announced a proposed issue of 5,000,000 unlisted options as part of a placement or other type of issue, with a proposed issue date of September 1, 2025. This strategic move could potentially impact the company’s operations by providing additional capital, which may enhance its market positioning and offer new opportunities for stakeholders.

Artemis Resources Announces Proposed Issue of Unlisted Options
Jul 30, 2025

Artemis Resources Limited has announced a proposed issue of 150,000,000 unlisted options as part of a placement or other type of issue, with a proposed issue date of September 1, 2025. This strategic move is likely aimed at raising capital to support the company’s ongoing operations and exploration activities, potentially enhancing its market position and offering new opportunities for stakeholders.

Artemis Resources Issues 330 Million Shares to Boost Market Position
Jul 29, 2025

Artemis Resources Limited announced the issuance of 330,000,000 shares at $0.004 each to professional and sophisticated investors, as well as institutions, under the Corporations Act without disclosure. This strategic move is expected to bolster the company’s financial position and potentially enhance its market competitiveness, aligning with compliance requirements and maintaining transparency with stakeholders.

Artemis Resources to Quote 330 Million New Securities on ASX
Jul 29, 2025

Artemis Resources Limited has announced the application for quotation of 330,000,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code ARV. This move is part of previously announced transactions and is expected to impact the company’s market positioning by potentially increasing liquidity and attracting investor interest.

Artemis Resources Prepares for Major Gold and Copper Exploration Campaign
Jul 29, 2025

Artemis Resources Limited has announced substantial preparatory work for a major exploration and drilling campaign at its core gold and copper projects, with drilling set to commence in the first quarter of FY2026. The company has successfully raised A$4.75 million from investors to fund these activities, aiming to explore high-grade gold and copper lodes and potential extensions beyond current drilling limits. The company is also planning early development studies, including mining and processing options, to enhance its project at Carlow.

Artemis Resources to Launch New Exploration Program in 2025
Jul 21, 2025

Artemis Resources Limited has announced plans to commence a new exploration program in September 2025, targeting three promising gold and copper projects. This initiative is expected to enhance the company’s growth prospects and strengthen its position in the mining industry, potentially benefiting stakeholders by increasing resource estimates and advancing project development.

Artemis Resources Announces Major Securities Issue
Jul 21, 2025

Artemis Resources Limited has announced a proposed issue of 857,500,000 ordinary fully paid securities, with the issue date set for August 28, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s market position by increasing its capital base and providing additional resources for its operations.

Artemis Resources Announces Proposed Issue of 330 Million Securities
Jul 21, 2025

Artemis Resources Limited has announced a proposed issue of 330 million fully paid ordinary securities, with the issuance date set for July 28, 2025. This move is aimed at raising capital, potentially impacting the company’s financial position and market operations, and could have implications for stakeholders as it may influence the company’s growth and investment strategies.

Artemis Resources Secures A$4.75 Million for Exploration Expansion
Jul 21, 2025

Artemis Resources Limited has secured firm commitments to raise A$4.75 million through an oversubscribed placement of shares at a discounted price, supported by both new and existing institutional investors. This funding will be used to advance exploration programs at the Carlow, Titan, and Cassowary projects, potentially enhancing the company’s resource base and strengthening its financial position.

Artemis Resources Initiates Trading Halt Ahead of Capital Raising Announcement
Jul 17, 2025

Artemis Resources Limited has requested a trading halt on its securities pending an announcement regarding a capital raising initiative. This move is part of the company’s strategic efforts to undertake a bookbuild, which is expected to impact its financial operations and potentially enhance its market positioning once the details are disclosed.

Artemis Resources Issues Shares for Invoice Settlement
Jun 19, 2025

Artemis Resources Limited has announced the issuance of 7,142,857 shares at a price of $0.007 per share to a supplier as a non-cash settlement for invoices. This strategic move, made without disclosure under the Corporations Act, reflects the company’s compliance with relevant legal provisions and its efforts to manage financial obligations while maintaining operational liquidity.

Artemis Resources Announces Quotation of New Securities
Jun 18, 2025

Artemis Resources Limited has announced an application for the quotation of 7,142,857 ordinary fully paid securities on the ASX, as part of an agreement to receive shares in lieu of cash from a supplier. This move is expected to impact the company’s financial operations by potentially improving liquidity and offering flexibility in managing supplier relationships.

Artemis Resources to Launch Extensive Drilling Program in September Quarter
Jun 2, 2025

Artemis Resources Limited has announced a substantial drilling program set to commence in the September quarter, targeting significant extensions at its Carlow Gold and Copper Project. The program includes 3,800 meters of diamond drilling to explore potential resource extensions and provide samples for metallurgical testing. Additionally, the company plans 1,200 meters of RC drilling at the Titan Gold Targets and a gravity survey at the Cassowary Intrusion to identify potential IOCG-type mineralization. These initiatives are aimed at advancing the Carlow Project towards feasibility and development, enhancing Artemis’s position in the gold and copper mining sector.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 08, 2025