Artemis Gold Inc
Artemis Gold Inc. focuses on the identification, acquisition, and development of gold properties. The company explores for gold and silver deposits. It holds 100% interest in the Blackwater Gold Project located in central British Columbia. Artemis Gold Inc. was incorporated in 2019 and is headquartered in Vancouver, Canada.
Artemis Gold Inc (ARGTF) - Total Assets
Latest total assets as of March 2025: $1.87 Billion USD
Based on the latest financial reports, Artemis Gold Inc (ARGTF) holds total assets worth $1.87 Billion USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Artemis Gold Inc - Total Assets Trend (2019–2024)
This chart illustrates how Artemis Gold Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Artemis Gold Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Artemis Gold Inc's total assets of $1.87 Billion consist of 3.1% current assets and 96.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.7% |
| Accounts Receivable | $3.80 Million | 0.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Artemis Gold Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Artemis Gold Inc's current assets represent 3.1% of total assets in 2024, a decrease from 62.5% in 2019.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2024, down from 61.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Artemis Gold Inc Competitors by Total Assets
Key competitors of Artemis Gold Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
|
China Silver Group Limited
F:2CS
|
Germany | €2.12 Billion |
Artemis Gold Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Artemis Gold Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Artemis Gold Inc is currently not profitable relative to its asset base.
Artemis Gold Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.14 | 2.36 | 4.81 |
| Quick Ratio | 0.12 | 2.43 | 4.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-356.03 Million | $ 96.26 Million | $ 29.73 Million |
Artemis Gold Inc - Advanced Valuation Insights
This section examines the relationship between Artemis Gold Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.54 |
| Latest Market Cap to Assets Ratio | 1.05 |
| Asset Growth Rate (YoY) | 52.3% |
| Total Assets | $1.71 Billion |
| Market Capitalization | $1.78 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Artemis Gold Inc's assets above their book value (1.05 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Artemis Gold Inc's assets grew by 52.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Artemis Gold Inc (2019–2024)
The table below shows the annual total assets of Artemis Gold Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.71 Billion | +52.25% |
| 2023-12-31 | $1.12 Billion | +70.65% |
| 2022-12-31 | $656.75 Million | +39.80% |
| 2021-12-31 | $469.79 Million | +33.21% |
| 2020-12-31 | $352.67 Million | +590.61% |
| 2019-12-31 | $51.07 Million | -- |