Artemis Gold Inc. (OTCMKTS:ARGTF) Sees Significant Drop in Short Interest

Artemis Gold Inc. (OTCMKTS:ARGTFGet Free Report) was the target of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 73,900 shares, a drop of 10.2% from the May 15th total of 82,300 shares. Based on an average daily trading volume, of 48,500 shares, the days-to-cover ratio is presently 1.5 days.

Artemis Gold Stock Performance

Shares of ARGTF traded down $0.03 during midday trading on Friday, hitting $7.10. The stock had a trading volume of 40,077 shares, compared to its average volume of 29,825. The company has a 50 day simple moving average of $7.11 and a two-hundred day simple moving average of $5.83. Artemis Gold has a twelve month low of $3.38 and a twelve month high of $8.16.

Artemis Gold Company Profile

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Artemis Gold Inc, a gold development company, focuses on the identification, acquisition, and development of gold properties. The company holds equity ownership interest in Velocity Minerals Ltd. that focus on exploration and development of gold properties in Bulgaria. It holds 100% interest in the Blackwater Gold Project located in central British Columbia.

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