Top Page
Artemis Resources
(OTC:ARV)
Artemis Resources (ARV) vs. iShares MSCI Australia ETF (EWA)
Artemis Resources Business Overview & Revenue Model
Artemis Resources Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 275.65K | 240.38K | 80.17K | 33.39K | 133.81K |
| Gross Profit | -250.00K | 181.45K | 240.38K | 80.17K | -64.60K | -115.74K |
| EBITDA | -2.13M | -1.88M | -1.24M | -16.71M | -7.43M | -10.34M |
| Net Income | -6.33M | -6.33M | -16.59M | -16.92M | -7.53M | -10.48M |
Balance Sheet | ||||||
| Total Assets | 36.33M | 36.33M | 39.17M | 52.79M | 67.67M | 61.73M |
| Cash, Cash Equivalents and Short-Term Investments | 1.62M | 1.62M | 1.65M | 5.45M | 12.39M | 9.62M |
| Total Debt | 163.40K | 163.40K | 47.79K | 152.96K | 153.45K | 157.50K |
| Total Liabilities | 4.86M | 4.86M | 7.33M | 7.42M | 8.35M | 4.06M |
| Stockholders Equity | 31.47M | 31.47M | 31.83M | 45.37M | 59.32M | 57.67M |
Cash Flow | ||||||
| Free Cash Flow | -4.39M | -4.39M | -4.26M | -8.89M | -12.01M | -11.74M |
| Operating Cash Flow | -1.71M | -1.71M | -1.81M | -2.87M | -3.86M | -1.93M |
| Investing Cash Flow | -2.84M | -2.84M | -2.45M | -3.80M | -7.57M | -2.54M |
| Financing Cash Flow | 5.12M | 5.12M | 3.13M | 2.28M | 8.99M | 13.15M |
Artemis Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | AU$36.29M | -8.57 | -27.97% | ― | ― | -208.82% | |
53 Neutral | AU$36.69M | -27.27 | -3.45% | ― | ― | -57.14% | |
45 Neutral | AU$59.31M | -12.27 | -21.11% | ― | -100.00% | 40.94% | |
44 Neutral | AU$30.17M | -3.33 | -19.89% | ― | ― | 68.42% | |
41 Neutral | €17.30M | -2.56 | -213.22% | ― | ― | -15.38% | |
31 Underperform | AU$22.01M | -5.58 | -136.26% | ― | ― | -79.31% |
Artemis Resources Corporate Events
Artemis Resources has signed a non-binding Memorandum of Understanding with West Coast Silver to explore the feasibility of processing material from the Elizabeth Hill Silver Mine at Artemis’ Radio Hill Processing Plant. This collaboration aims to assess the technical and economic viability of such processing, with both companies exchanging relevant data and conducting joint assessments. The MOU does not create any binding commercial obligations, and any future agreements will depend on successful technical and commercial evaluations.
Artemis Resources and West Coast Silver have signed a non-binding Memorandum of Understanding to explore the feasibility of processing material from the Elizabeth Hill Silver Mine at the Radio Hill Processing Plant. This collaboration involves exchanging technical and logistical information to assess the potential for a future commercial agreement, which would require a separate definitive contract following a positive evaluation. The initiative aligns with West Coast Silver’s strategy to expedite development while maintaining capital discipline and allows Artemis Resources to explore future processing opportunities.
Artemis Resources Limited announced that all resolutions presented at its Annual General Meeting on 27 November 2025 were successfully passed. The resolutions included the adoption of the remuneration report, re-election and election of directors, approval of a 10% placement facility, and ratification of shares issued to additional placement participants and prior issues. This outcome reflects shareholder support for the company’s strategic direction and governance, potentially strengthening its market position and stakeholder confidence.
Artemis Resources is advancing its exploration activities in Western Australia with a focus on the Carlow-Titan and Cassowary projects, targeting gold and copper resources. The company’s strategic exploration efforts are aimed at enhancing its resource base, which could potentially strengthen its position in the mining industry and provide value to its stakeholders.
Artemis Resources has announced a conceptual mining study at its Carlow Gold and Copper Project, driven by significant increases in gold and copper prices. The study, conducted by Snowden-Optiro, will explore development options and guide upcoming extensional drilling efforts, which are set to commence in December 2025. This initiative aims to unlock the potential of the Carlow project area, with recent high-grade gold intersections at nearby Titan East underscoring the project’s promise. The study and subsequent drilling are expected to enhance the project’s value and inform future development decisions, benefiting stakeholders and positioning the company advantageously within the industry.
Artemis Resources Limited announced the cessation of 150,000,000 securities, specifically options expiring on October 13, 2027, with an exercise price of $0.015. This cessation, effective as of November 5, 2025, may impact the company’s capital structure and could have implications for its financial strategy and stakeholder interests.
Artemis Resources has released an addendum to its 2025 Annual Report, confirming no changes in its mineral resource estimates for the year. The company maintains robust governance and internal controls over its resource estimation processes, ensuring compliance with the JORC Code and ASX Listing Rules. The announcement highlights the company’s ongoing commitment to transparency and accuracy in reporting, with no material modifications to previous announcements. Additionally, the company provides detailed information on metal equivalent calculations, reflecting stable assumptions and parameters for resource recovery and sales potential.
Artemis Resources announced a significant gold intersection at its Titan East Prospect, with the first reverse circulation drill hole revealing 5 meters at 13.1g/t gold within a 20-meter mineralized zone. This discovery supports the company’s strategy to expand gold resources around the Carlow area, enhancing confidence in the potential of Titan East. Further diamond drilling is planned to explore the orientation and potential extensions of the gold-bearing shear zone, which could have implications for the company’s resource scale and market positioning.
Artemis Resources Limited has announced its Annual General Meeting scheduled for November 27, 2025, in Perth, Australia. Shareholders are encouraged to participate either in person or by proxy, with proxy voting instructions due by September 25, 2025. The meeting will address key company matters, and shareholders are advised to review the Notice of Meeting thoroughly and consult professional advisers if needed.
Artemis Resources Limited has announced the issuance of 150 million unquoted options set to expire on October 13, 2027, with an exercise price of $0.015. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and offering strategic flexibility.
Artemis Resources Limited has announced the issuance of 5,000,000 unquoted equity securities in the form of options expiring on September 8, 2027, with an exercise price of $0.02. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.
Artemis Resources has executed a Land Access Agreement with the Pila Nguru Aboriginal Corporation for the Cassowary Copper-Gold Exploration Project in Western Australia. This agreement allows Artemis to explore a significant geological area known as the Cassowary Intrusion, which is considered prospective for IOCG-type copper-gold mineralization. The project is strategically located within a major rift zone, and the company plans to commence site activities, including diamond drilling, by December. This development marks a major milestone for Artemis, potentially enhancing its position in the mineral exploration industry and offering promising opportunities for stakeholders.
Artemis Resources Limited announced the cessation of Guy Robertson as a director, effective September 30, 2025. Robertson held 10,250,002 ordinary shares and 5,000,000 unlisted options with an exercise price of $0.02, expiring on December 20, 2027. This change in directorship may impact the company’s governance and strategic direction, potentially affecting stakeholders’ interests.
Artemis Resources Limited has updated its corporate governance statement as of September 29, 2025, reflecting recent board changes. The company has adhered to the ASX Corporate Governance Council’s recommendations, ensuring transparency and accountability in its management and oversight practices, which is crucial for maintaining investor confidence and regulatory compliance.
Artemis Resources Limited has released its Annual Report for 2025, detailing its financial performance and operational activities over the past year. The report includes comprehensive financial statements and reviews, highlighting the company’s strategic initiatives and market positioning. This release provides stakeholders with an overview of the company’s financial health and future outlook, although specific forward-looking statements are not included.
Artemis Resources Limited has announced several key changes in its board and management to support its next phase of growth. Mr. Jozsef Patarica has transitioned to Executive Director, emphasizing his operational and technical expertise, while Mr. Julian Hanna will now serve as Technical Director to focus on technical leadership and exploration milestones. Mr. Guy Robertson will resign as Director and Company Secretary, with Mr. Henko Vos and Ms. Jennifer Voon appointed as Joint Company Secretaries. These changes aim to align the leadership structure with the company’s strategic objectives.
Artemis Resources has commenced a 1,600-meter Reverse Circulation (RC) drilling program at the Titan prospect to explore three high-priority shallow gold targets. This initiative aims to uncover potential gold mineralization supported by previous high-grade surface results and major structural disruptions. The program is expected to provide valuable geological and geochemical data, enhancing the understanding of the area, which is largely unexplored and obscured by cover. The results of this drilling program could significantly impact Artemis’s exploration strategy and its positioning within the gold mining sector.
Artemis Resources Limited announced adjustments to its capital raise, initially disclosed on 21 July 2025, where it received firm commitments to raise $4.75 million through the issuance of shares. The company has since issued a total of 1,231,250,000 shares, raising $4,925,000, following additional applications and reconciliation of subscriptions. This capital raise is expected to support the company’s operational and strategic initiatives, potentially enhancing its market positioning and providing value to stakeholders.
Artemis Resources Limited has issued 6,250,000 shares at a price of $0.004 per share to a professional investor as part of the second tranche of a placement initially announced in July 2025. This issuance, which was delayed due to an administrative error, is conducted without disclosure under the Corporations Act, and the company confirms compliance with relevant legislative provisions, ensuring no excluded information is present.
Artemis Resources Limited announced a new issuance of 6,250,000 ordinary fully paid securities on September 19, 2025. This issuance is part of tranche 2 of a placement initially announced on July 21, 2025, which was delayed due to an administrative error. The securities are not being issued to a related party, and this move is expected to enhance the company’s market position by increasing its capital base.
Artemis Resources Limited announced a change in the director’s interest, with Bruce Garlick acquiring 5,000,000 unlisted options. This acquisition, approved by shareholders, reflects strategic moves within the company to align leadership interests with long-term growth objectives, potentially impacting stakeholder confidence and market perception.
Artemis Resources Limited has successfully completed a $4.9 million capital raise, which will fund substantial drilling programs at its key projects: Carlow, Titan, and Cassowary. This capital injection allows the company to advance its exploration efforts, potentially expanding its mineral resources and enhancing its industry positioning by targeting significant gold and copper deposits.
Jupiter Asset Management Limited has ceased to be a substantial holder in Artemis Resources Limited as of September 8, 2025. This change involved a shift in the nature of their interest in the company’s voting securities, specifically affecting 148,281,604 ordinary shares. The announcement may impact Artemis Resources’ shareholder structure and could influence market perceptions regarding the company’s future governance and strategic direction.
Artemis Resources Limited has announced a significant change in the interests of its director, Julian Hanna, who has acquired 15,000,000 ordinary shares through a share placement approved by shareholders. This acquisition increases Hanna’s total holdings to 18,000,000 ordinary shares, potentially strengthening his influence within the company and aligning his interests with those of the shareholders.
Artemis Resources Limited has announced the issuance of 4,000,000 ordinary fully paid securities to a consultant in lieu of cash payment, with the securities to be quoted on the ASX. This move is part of the company’s strategy to manage its financial obligations while maintaining operational flexibility, potentially impacting its financial structure and stakeholder interests.
Artemis Resources Limited announced the application for quotation of 37,500,000 ordinary fully paid securities on the ASX, with the issue date set for September 8, 2025. This move follows additional acceptances to a placement announced in July 2025, which were determined by a broker and accepted by the company, potentially impacting its market positioning and stakeholder interests.
Artemis Resources Limited has announced the application for quotation of 857,500,000 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction and is expected to enhance the company’s financial flexibility and support its strategic initiatives in the mining sector.