Artemis Gold Inc (ARTG) - Net Assets
Based on the latest financial reports, Artemis Gold Inc (ARTG) has net assets worth CA$1.01 Billion CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.47 Billion) and total liabilities (CA$1.46 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.01 Billion |
| % of Total Assets | 40.97% |
| Annual Growth Rate | 65.67% |
| 5-Year Change | 141.34% |
| 10-Year Change | N/A |
| Growth Volatility | 149.75 |
Artemis Gold Inc - Net Assets Trend (2019–2025)
This chart illustrates how Artemis Gold Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Artemis Gold Inc (2019–2025)
The table below shows the annual net assets of Artemis Gold Inc from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.01 Billion | +71.28% |
| 2024-12-31 | CA$590.85 Million | +1.63% |
| 2023-12-31 | CA$581.36 Million | +0.68% |
| 2022-12-31 | CA$577.43 Million | +37.70% |
| 2021-12-31 | CA$419.33 Million | +61.75% |
| 2020-12-31 | CA$259.24 Million | +429.92% |
| 2019-12-31 | CA$48.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Artemis Gold Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4254.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$273.28 Million | 27.00% |
| Other Components | CA$738.72 Million | 73.00% |
| Total Equity | CA$1.01 Billion | 100.00% |
Artemis Gold Inc Competitors by Market Cap
The table below lists competitors of Artemis Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Synovus Financial Corp
NYSE:SNV
|
$6.95 Billion |
|
Charter Hall Group
AU:CHC
|
$6.95 Billion |
|
Fibra UNO
MX:FUNO11
|
$6.96 Billion |
|
Conagra Brands, Inc.
SA:C1AG34
|
$6.96 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
$6.94 Billion |
|
AAK AB
ST:AAK
|
$6.94 Billion |
|
Terreno Realty Corporation
NYSE:TRNO
|
$6.94 Billion |
|
Shanghai Pharmaceuticals Holding Co Ltd
SHG:601607
|
$6.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Artemis Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 590,852,383 to 1,012,001,000, a change of 421,148,617 (71.3%).
- Net income of 349,161,000 contributed positively to equity growth.
- Other factors increased equity by 71,987,617.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$349.16 Million | +34.5% |
| Other Changes | CA$71.99 Million | +7.11% |
| Total Change | CA$- | 71.28% |
Book Value vs Market Value Analysis
This analysis compares Artemis Gold Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 21.14x to 9.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$1.96 | CA$41.42 | x |
| 2020-12-31 | CA$3.45 | CA$41.42 | x |
| 2021-12-31 | CA$2.95 | CA$41.42 | x |
| 2022-12-31 | CA$3.55 | CA$41.42 | x |
| 2023-12-31 | CA$2.96 | CA$41.42 | x |
| 2024-12-31 | CA$2.63 | CA$41.42 | x |
| 2025-12-31 | CA$4.37 | CA$41.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Artemis Gold Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 34.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.20%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.44x
- Recent ROE (34.50%) is above the historical average (4.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 12.83% | 0.00% | 0.00x | 1.04x | CA$1.38 Million |
| 2020 | -1.52% | 0.00% | 0.00x | 1.36x | CA$-29.86 Million |
| 2021 | -3.12% | 0.00% | 0.00x | 1.12x | CA$-55.02 Million |
| 2022 | -5.57% | 0.00% | 0.00x | 1.14x | CA$-89.91 Million |
| 2023 | -1.97% | 0.00% | 0.00x | 1.93x | CA$-69.58 Million |
| 2024 | -5.32% | 0.00% | 0.00x | 2.89x | CA$-90.53 Million |
| 2025 | 34.50% | 38.20% | 0.37x | 2.44x | CA$247.96 Million |
Industry Comparison
This section compares Artemis Gold Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,546,516
- Average return on equity (ROE) among peers: 44.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Artemis Gold Inc (ARTG) | CA$1.01 Billion | 12.83% | 1.44x | $6.94 Billion |
| AbraSilver Resource Corp. (ABRA) | $276.36K | 543.50% | 1.08x | $1.89 Billion |
| AC/DC Battery Metals Inc. (ACDC) | $1.79 Million | -31.70% | 0.02x | $1.88 Million |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $11.35 Million | -24.62% | 0.09x | $1.73 Million |
| Adamera Minerals Corp. (ADZ) | $7.70 Million | -18.02% | 0.13x | $4.95 Million |
| Alaska Energy Metals Corporation (AEMC) | $5.31 Million | -25.82% | 0.25x | $12.97 Million |
| Argonaut Exploration Inc. (AGA) | $1.49 Million | 0.00% | 0.04x | $96.32 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| American Creek Resources Ltd (AMK) | $18.91 Million | -6.15% | 0.06x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $27.48 Million | 15.53% | 0.02x | $3.47 Million |
About Artemis Gold Inc
Artemis Gold Inc. engages in the identification, acquisition, and development of gold properties in Canada. The company explores for gold and silver deposits. Its flagship asset is its 100% owned Blackwater Gold project, which consists of 328 mineral claims covering an area of 148,688 ha located in central British Columbia. Artemis Gold Inc. was incorporated in 2019 and is headquartered in Vancou… Read more