Top Page
Artemis Resources
(Sydney: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$55.04M | -12.86 | -27.97% | ― | ― | -208.82% | |
53 Neutral | AU$38.22M | -28.41 | -3.45% | ― | ― | -57.14% | |
52 Neutral | AU$55.16M | -12.40 | -21.11% | ― | -100.00% | 40.94% | |
44 Neutral | AU$26.40M | -3.33 | -19.89% | ― | ― | 68.42% | |
44 Neutral | AU$20.60M | -2.89 | -213.22% | ― | ― | -15.38% | |
44 Neutral | AU$19.80M | -5.19 | -136.26% | ― | ― | -79.31% |
Artemis Resources Corporate Events
Artemis Resources has announced that director Julian Hanna ceased to be a director of the company effective 31 December 2025. While Hanna holds no Artemis securities in his own name, he retains an indirect interest through his superannuation fund, which holds 18 million fully paid ordinary shares and 10 million unlisted options exercisable at $0.02 each expiring on 20 December 2027; the filing provides clarity on his ongoing financial exposure to the company following his board departure.
The most recent analyst rating on (AU:ARV) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Artemis Resources stock, see the AU:ARV Stock Forecast page.
Artemis Resources has reshaped its leadership structure at the project level, with Technical Director Julian Hanna transitioning to a consultancy role as Project Manager for the Cassowary Project from 1 January 2026, where he will also help drive work programs at the newly secured Sharon Dam IOCG joint venture with Red Metal. Under the consultancy agreement, Hanna will provide ongoing strategic and technical oversight, manage exploration data and drill planning, and act as Competent Person on public releases, with an incentive structure tied to any future farm-in, joint venture, sale, or change-of-control transaction involving the Cassowary Project, underscoring the company’s emphasis on unlocking value from its growing copper exploration footprint in the Madura Copper Exploration Belt.
The most recent analyst rating on (AU:ARV) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Artemis Resources stock, see the AU:ARV Stock Forecast page.
Artemis Resources has entered into an earn-in and joint venture agreement with Red Metal Limited over the Sharon Dam T1 IOCG intrusion, about 50km south of its Cassowary Intrusion project in Western Australia’s Madura Province. Under the deal, Artemis can earn a 60% interest in the Sharon Dam project by spending at least $5 million over three years, including a $400,000 drilling commitment in the first 12 months, partly offset by a government co-funding grant. The JV consolidates Artemis’ 1,180km² copper-gold position along the Madura Crustal Boundary, providing a second high-potential, previously undrilled IOCG target in a shallow-cover, frontier belt and creating a relatively low-cost, fast-track path to drilling slated for March–April 2026, subject to heritage clearance, which could significantly enhance the company’s exploration profile and copper discovery potential in the region.
The most recent analyst rating on (AU:ARV) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Artemis Resources stock, see the AU:ARV Stock Forecast page.
Artemis Resources has entered an earn-in and joint venture agreement with Red Metal over the Sharon Dam intrusion in Western Australia’s Madura Province, securing the right to earn a 60% interest in the large, undrilled IOCG target by spending $5 million over three years, including an initial $400,000 drilling commitment partly offset by a government exploration grant. The deal strategically extends Artemis’ copper-gold footprint 50km south of its Cassowary Intrusion, consolidating control over a belt of interpreted intrusions along the Madura Crustal Boundary and positioning the company as a key early mover in a frontier copper district that is drawing interest from majors and peers; with a granted tenement, existing access and heritage agreements, and shallow cover enhancing cost effectiveness, drilling slated for early 2026 offers a near-term, high-impact discovery catalyst for shareholders.
The most recent analyst rating on (AU:ARV) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Artemis Resources stock, see the AU:ARV Stock Forecast page.
Artemis Resources has updated its disclosure on the Titan East discovery within the Carlow Gold-Copper Project, providing clarified technical information on data aggregation methods and visual results, alongside new drilling details. Recent results include a 19m intersection grading 1.6 g/t gold from reverse circulation hole 25ARRC025, which builds on an earlier high-grade hit of 5m at 13.1 g/t gold, collectively confirming Titan East as a promising shear-hosted gold zone. Encouraging visual observations from additional RC holes and the commencement of diamond drilling on 10 December are expected to refine the geological model and support a materially larger follow-up drilling campaign planned for early 2026, underscoring Titan East as a potential growth engine within Artemis’s broader exploration portfolio.
The most recent analyst rating on (AU:ARV) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Artemis Resources stock, see the AU:ARV Stock Forecast page.
Artemis Resources has announced promising results from its drilling program at the Titan East shear zone, part of the Carlow Gold-Copper Project. A significant gold intersection of 19m at 1.6g/t Au has been discovered, following a previous high-grade find, indicating a substantial mineralized system. The company has commenced diamond drilling to further define the mineralized structure, with plans for an expanded drilling campaign in early 2026. This development enhances Artemis’s exploration prospects and positions Titan East as a key growth opportunity within its project portfolio.
The most recent analyst rating on (AU:ARV) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Artemis Resources stock, see the AU:ARV Stock Forecast page.
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.
The most recent analyst rating on (AU:ARV) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Artemis Resources stock, see the AU:ARV Stock Forecast page.
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.
The most recent analyst rating on (AU:ARV) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Artemis Resources stock, see the AU:ARV Stock Forecast page.
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.
The most recent analyst rating on (AU:ARV) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Artemis Resources stock, see the AU:ARV Stock Forecast page.
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.