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Artemis Gold Inc
XTSX:ARTG

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Artemis Gold Inc
XTSX:ARTG
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Price: 35 CAD -3.58%
Market Cap: CA$8.1B

EV/FCFF

53.6
Current
1 191%
Cheaper
vs 3-y average of -4.9

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
53.6
=
Enterprise Value
CA$10.8B
/
Free Cash Flow to Firm
CA$159.3m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
53.6
=
Enterprise Value
CA$10.8B
/
Free Cash Flow to Firm
CA$159.3m

Valuation Scenarios

Artemis Gold Inc is trading above its industry average

If EV/FCFF returns to its Industry Average (22.3), the stock would be worth CA$14.59 (58% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-62%
Maximum Upside
No Upside Scenarios
Average Downside
60%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 53.6 CA$35
0%
Industry Average 22.3 CA$14.59
-58%
Country Average 20.4 CA$13.34
-62%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
CA
Artemis Gold Inc
XTSX:ARTG
8.1B CAD 53.6 23.2
RU
Polyus PJSC
LSE:PLZL
70.4T USD 77 923.6 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
622.9B ZAR 16.7 10.7
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
158.3B ZAR 13.7 9.7
CN
Zijin Mining Group Co Ltd
SSE:601899
907.8B CNY 16 14.3
US
Newmont Corporation
NYSE:NEM
117.2B USD 15.7 17
CA
Agnico Eagle Mines Ltd
TSX:AEM
125.6B CAD 20.7 20.9
CA
Barrick Gold Corp
TSX:ABX
88.1B CAD 16.3 13
CA
Barrick Mining Corp
F:ABR0
55.4B EUR 16.4 13.1
CA
Wheaton Precious Metals Corp
TSX:WPM
77.6B CAD 98.4 38.5
HK
Zijin Gold International Co Ltd
HKEX:2259
422.3B HKD 130.7 33.7

Market Distribution

Higher than 82% of companies in Canada
Percentile
82nd
Based on 1 610 companies
82nd percentile
53.6
Low
0 — 13.1
Typical Range
13.1 — 33.5
High
33.5 —
Distribution Statistics
Canada
Min 0
30th Percentile 13.1
Median 20.4
70th Percentile 33.5
Max 22 577.3

Artemis Gold Inc
Glance View

Market Cap
8.1B CAD
Industry
Metals & Mining

Artemis Gold Inc., headquartered in Vancouver, embodies the modern quest for value realization in the mining sector. Emerging as a significant contender in the precious metals domain, Artemis focuses primarily on optimizing underdeveloped projects. The company operates with the intent of unlocking hidden value in gold deposits through strategic project development and operational excellence. At the heart of Artemis Gold's business model is the Blackwater Gold Project in British Columbia, an asset acquired from New Gold Inc. in 2020. This project is touted as one of Canada's largest gold developments, promising substantial production capabilities and a pathway to first-tier status in the global market. Artemis Gold generates revenue by advancing this resource-rich asset towards construction and eventual full-scale production. The company follows a stringent fiscal and operational blueprint, emphasizing cost-efficiency and sustainability. This involves meticulously recalibrating project outputs to align with market demands while managing capital expenditures diligently. By investing in innovative technology and sustainable practices, Artemis aims to enhance the economic viability of its mines and reduce environmental impact. The firm effectively monetizes its resource base by aligning its operational strategies with long-term gold price forecasts and optimizing asset potential to serve both its shareholders and the broader market efficiently.

ARTG Intrinsic Value
49.4 CAD
Undervaluation 29%
Intrinsic Value
Price CA$35
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