Artemis Gold is one of the premier gold development companies. Its flaship property Blackwater in BC has the potential to be a world class asset which will gather considerable interest from mid-to-senior producers.
It is also backed by a strong management team - the same team that brought Atlantic Gold to production and subsequently sold the company post-procuction. Also of note, management owns 42% of the company.
Blackwater has 8M ounces in reserves and is a low cost mine with expectations for AISCs of US$616/oz. It also appears to be trading at reasonable valuations 0.32x net present value (NPV) of 2.214B. According to a research report by BMO - the peer average is 0.59x NPV.
Overall, seems like a very interesting junior gold stock. As always however, be prepared for significant volatiliy with a stock such as this. Especially considering it has already jumped by ~350% this year.
Mat