Artemis Gold (OTCMKTS:ARGTF) Stock Price Down 5.4% – Time to Sell?

Artemis Gold Inc. (OTCMKTS:ARGTF) shares fell 5.4% during mid-day trading on Thursday. The stock traded as low as $26.84 and last traded at $26.84. Approximately 47,202 shares were traded during trading, an increase of 27% from the average session volume of 37,260 shares. The stock had previously closed at $28.37.

Analyst Upgrades and Downgrades

Separately, TD Securities reiterated a “hold” rating on shares of Artemis Gold in a report on Monday, September 28th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Artemis Gold Stock Performance

The stock’s 50 day moving average is $28.74 and its two-hundred day moving average is $26.26.

About Artemis Gold

Artemis Gold Inc is a Canadian mineral development company focused on advancing gold projects in North America. Its principal asset is the Blackwater Gold Project, a large open-pit gold and silver project in central British Columbia, Canada, located approximately 160 kilometres southwest of Prince George.

Artemis Gold acquired a 100% interest in Blackwater from New Gold Inc in 2019 and has since worked to advance the project through permitting, engineering, financing and construction. The planned operation is designed to mine and process ore on site, producing gold doré and silver as a by-product.