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Artemis Resources
(Sydney:ARV)
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Rating:43Neutral
Price Target:
AU$0.01
â–²(0.00% Upside)
Action:Reiterated
Date:09/26/26
The score is primarily held down by weak financial performance—persistent losses, unstable/very small revenue (including zero revenue in 2026 annual), and ongoing negative operating and free cash flow indicating continued funding dependence. Low debt modestly reduces balance-sheet risk, but limited technical and valuation inputs prevent offsetting positives from being established with the provided data.
Positive Factors
Low leverage
Minimal debt relative to equity reduces near-term solvency and refinancing pressure. This gives Artemis more financial flexibility than a heavily leveraged explorer, although the benefit is partly offset by ongoing losses and the need to fund operations and exploration.
Negative Factors
Persistent losses
Recurring operating and net losses show that Artemis has not demonstrated a scalable, self-funding earnings model. Continued losses can consume shareholder capital, restrict reinvestment capacity, and make future exploration progress dependent on securing additional funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Minimal debt relative to equity reduces near-term solvency and refinancing pressure. This gives Artemis more financial flexibility than a heavily leveraged explorer, although the benefit is partly offset by ongoing losses and the need to fund operations and exploration.
Read all positive factors
Artemis Resources (ARV) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$17.41M
Dividend YieldN/A
Average Volume (3M)16.01M
Price to Earnings (P/E)―
Beta (1Y)0.36
Revenue Growth-100.00%
EPS Growth20.00%
CountryAU
Employees3
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding5,802,065,000
10 Day Avg. Volume13,768,171
30 Day Avg. Volume16,011,566
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.36
Price to Sales (P/S)0.00
P/FCF Ratio-3.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Artemis Resources Business Overview & Revenue Model
Company Description
Artemis Resources Limited is a company dedicated to the discovery and advancement of mineral deposits. Their exploration efforts primarily target commercially viable reserves of gold, nickel, cobalt, and copper. Key among their assets is the Carlo...
How the Company Makes Money
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Artemis Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
55
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 275.65K | 240.38K | 80.17K | 33.39K |
| Gross Profit | -288.70K | 181.45K | 240.38K | 80.17K | -64.60K |
| EBITDA | -3.03M | -1.88M | -1.24M | -16.71M | -7.43M |
| Net Income | -8.81M | -6.33M | -16.59M | -16.92M | -7.53M |
Balance Sheet | |||||
| Total Assets | 34.81M | 36.33M | 39.17M | 52.79M | 67.67M |
| Cash, Cash Equivalents and Short-Term Investments | 3.50M | 1.62M | 1.65M | 5.45M | 12.39M |
| Total Debt | 49.51K | 163.40K | 47.79K | 152.96K | 153.45K |
| Total Liabilities | 4.63M | 4.86M | 7.33M | 7.42M | 8.35M |
| Stockholders Equity | 30.18M | 31.47M | 31.83M | 45.37M | 59.32M |
Cash Flow | |||||
| Free Cash Flow | -3.05M | -4.39M | -4.26M | -8.89M | -12.01M |
| Operating Cash Flow | -3.03M | -1.71M | -1.81M | -2.87M | -3.86M |
| Investing Cash Flow | -1.89M | -2.84M | -2.45M | -3.80M | -7.57M |
| Financing Cash Flow | 7.22M | 5.12M | 3.13M | 2.28M | 8.99M |
Artemis Resources Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
48 Neutral | AU$17.17M | -5.98 | -14.55% | ― | ― | 15.48% | |
44 Neutral | AU$13.22M | -8.57 | -4.81% | ― | ― | ― | |
44 Neutral | AU$9.51M | -2.00 | -68.05% | ― | ― | -166.67% | |
43 Neutral | AU$17.41M | -1.25 | -29.25% | ― | -100.00% | 20.00% | |
42 Neutral | AU$14.24M | -2.90 | -130.09% | ― | ― | -41.92% |
* Basic Materials Sector Average
AU:ARV
Artemis Resources
0.01
>-0.01
-9.09%
AU:MLS
Metals Australia Ltd
0.02
-0.01
-43.75%
AU:AKO
Akora Resources Ltd.
0.08
>-0.01
-2.47%
AU:FIN
Fin Resources Limited
0.01
0.00
0.00%
AU:MGA
Metalsgrove Mining Ltd.
0.09
0.04
59.32%
Artemis Resources Corporate Events
Artemis Resources Options Register Shows Highly Concentrated Ownership
Sep 18, 2026
Artemis Resources has reported the distribution of its options expiring on 13 October 2028 at an exercise price of $0.01, with a total of 2.425 billion options on issue. The holdings are highly concentrated, with 211 holders controlling 99.99% of ...
Artemis Resources Reveals Concentrated Ownership of 2028 Options
Sep 18, 2026
Artemis Resources has released a detailed top 20 holders report for its options expiring 13 October 2028 at $0.01, highlighting a concentrated ownership structure among major custodians, investment firms and private investors. The top 20 holders c...
Artemis Resources Applies for Quotation of 2.43 Billion New Options on ASX
Sep 18, 2026
Artemis Resources Limited has lodged an application with the ASX for the quotation of a new class of options, representing 2,425,000,000 securities with an exercise price of $0.01 and an expiry date of October 13, 2028. The options are scheduled t...
Artemis Resources Chairman Lill Boosts Stake via Share Placement
Aug 25, 2026
Artemis Resources has disclosed a significant change in Chairman Simon Lill’s holdings following his participation in a recent share placement approved by shareholders. Lill acquired 50,000,000 fully paid ordinary shares at $0.004 per share ...
Artemis Resources Expands Capital with 24 Million New Shares
Aug 25, 2026
Artemis Resources has issued 24 million fully paid ordinary shares, expanding its share capital through a placement conducted without a prospectus under the provisions of the Corporations Act. The company has certified that it remains compliant wi...
Artemis Resources Seeks ASX Quotation for 24 Million New Shares
Aug 25, 2026
Artemis Resources Limited is an Australia-listed resources company trading under the ASX code ARV. The company operates in the mining and exploration sector, with its ordinary fully paid shares forming the primary class of securities available to ...
Artemis Resources Issues 24 Million Unquoted Options Expiring 2029
Aug 20, 2026
Artemis Resources Limited is an Australian-listed resources company focused on mineral exploration and development. The firm is traded on the ASX under the ticker ARV and operates within the broader mining and resources sector, pursuing projects t...
Artemis Resources Expands Share Capital with New Issue
Aug 20, 2026
Artemis Resources Limited has completed the issuance of 1,272,269,460 fully paid ordinary shares, expanding its share capital base as recorded in a recent filing. The company states that these shares were issued without the need for a formal discl...
Artemis Resources Issues 8 Million Unquoted Performance Rights
Aug 20, 2026
Artemis Resources Limited is an Australian-listed mining and exploration company focused on developing resource projects, with its securities traded on the ASX under the code ARV. The company uses a mix of quoted and unquoted equity instruments, i...
Artemis Resources Issues 275 Million Unquoted Long-Dated Options
Aug 20, 2026
Artemis Resources Limited has notified the market of the issue of 275,000,000 unquoted options, exercisable at $0.01 and expiring on October 13, 2028. The new securities, recorded as part of a previously flagged transaction, are not intended to be...
Artemis Resources Issues 2 Billion Unquoted Options Expiring in 2028
Aug 20, 2026
Artemis Resources has notified the market of the issue of 2 billion unquoted options, designated ARVAH, expiring on October 13, 2028 with an exercise price of $0.01. These options, which are not intended to be quoted on the ASX, were issued as par...
Artemis Resources Seeks ASX Quotation for Over 1.27 Billion New Shares
Aug 20, 2026
Artemis Resources Limited has lodged a new application with the ASX for the quotation of 1,272,269,460 ordinary fully paid shares. The securities are scheduled to be issued and quoted on August 21, 2026, under the existing ARV code, reflecting com...
Artemis Secures Heritage Clearance and Finalises Plans for Cassowary Copper-Gold Drilling
Aug 19, 2026
Artemis Resources has received heritage clearance for four initial drill sites, access tracks and campsites at its Cassowary copper-gold target in Western Australia, marking a key step toward commencing maiden drilling. The company completed the s...
Artemis Resources Secures Shareholder Backing for Capital-Raising Resolutions
Aug 11, 2026
Artemis Resources shareholders have endorsed a suite of capital-raising and incentive measures at a general meeting held on 11 August 2026. All resolutions were passed on a poll, including ratification of previous share issues under placements, ap...
Artemis Resources Reaffirms Existing Exploration Data and Carlow Resource Estimate
Aug 11, 2026
Artemis Resources has released a corporate presentation outlining its current exploration activities and mineral resource position as of August 2026, emphasizing that the document provides only a summary view and has not been independently verifie...
Artemis Resources Sets August 2026 General Meeting, Urges Online Proxy Voting
Jul 13, 2026
Artemis Resources has called a General Meeting of shareholders for 12:00pm WST on Tuesday, 11 August 2026, to be held at its Perth offices, with the Notice of Meeting and Explanatory Memorandum available online via the company’s website and ...
Artemis Resources boosts director’s equity stake via employment package
Jul 6, 2026
Artemis Resources has updated the market on a change in director Matthew Greentree’s interest in the company’s securities. Through M J Greentree Nominees Pty Ltd, he has received a substantial package of fully paid ordinary shares, pe...
Artemis Resources Reshapes Company Secretarial Team to Bolster Governance
Jul 1, 2026
Artemis Resources has announced a change in its company secretarial team, with the resignation of joint company secretary Jennifer Voon effective 1 July 2026. The board expressed its appreciation for Voon’s contribution and confirmed that ex...
Artemis Resources Issues New Shares Under Corporations Act Notice
Jun 30, 2026
Artemis Resources has issued 7,142,857 fully paid ordinary shares, confirming the placement was conducted without a disclosure document under the relevant provisions of the Corporations Act. The company states it remains compliant with financial r...
Artemis Resources Issues 80 Million Long-Dated Performance Rights
Jun 30, 2026
Artemis Resources Limited, an ASX-listed mining and exploration company, has notified the market of a new issue of unquoted equity securities in the form of performance rights. The company continues to employ equity-based instruments as part of it...
Artemis Resources Issues New Unquoted Options and Performance Rights
Jun 30, 2026
Artemis Resources Limited has notified the market of the issue of new unquoted equity securities, comprising 15,000,000 options expiring on 3 March 2029 with an exercise price of $0.007 and 35,714,286 performance rights also expiring on 3 March 20...
Artemis Resources Seeks ASX Quotation for New Share Issue
Jun 30, 2026
Artemis Resources Limited has applied to the ASX for quotation of 7,142,857 new ordinary fully paid shares under its ARV ticker. The securities, issued on June 30, 2026, form part of transactions previously flagged to the market, aligning with the...
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.