02:17 PM EDT, 06/03/2025 (MT Newswires) -- BMO has raised its target on Artemis Gold ( ARGTF ) to $27, from $22, while maintaining its Outperform rating

Analyst Andrew Mikitchook attended the opening ceremony at Artemis Gold's ( ARGTF ) Blackwater Mine, where the mine has successfully ramped up to commercial production. Blackwater is growing from a midpoint of 2025 guidance of 210,000oz to 500,000+oz producer in a top jurisdiction, he adds.

BMO also sees room for further revaluation of shares as Artemis builds an operational track record over the next few quarters and advances the Phase 2 expansion.

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