Artemis Gold (TSXV:ARTG) EBIT: C$773 Mil (TTM As of Mar. 2026)


TSXV:ARTG Artemis Gold Inc TSXV:ARTG
42 GF Score
Price C$30.28
! 3 Warning Signs
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What is Artemis Gold EBIT?

Artemis Gold TSXV:ARTG -3.54% 42 EBIT is C$773 Mil as of Mar. 2026. GuruFocus rates TSXV:ARTG with a GF Score™ of 42/100. The stock has 3 warning signs investors should review.

Artemis Gold's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$197 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$773 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Artemis Gold's annualized ROC % for the quarter that ended in Mar. 2026 was 21.95%. Artemis Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 37.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Artemis Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.36%.

Artemis Gold  (TSXV:ARTG) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Artemis Gold's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=852.564 * ( 1 - 37.64% )/( (2349.974 + 2494.061)/ 2 )
=531.6589104/2422.0175
=21.95 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2469.807 - 173.637 - ( 168.104 - max(0, 279.734 - 225.93+168.104))
=2349.974

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2638.718 - 178.952 - ( 174.488 - max(0, 271.476 - 237.181+174.488))
=2494.061

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Artemis Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=788.416/( ( (2066.267 + max(-195.371, 0)) + (2147.877 + max(-180.088, 0)) )/ 2 )
=788.416/( ( 2066.267 + 2147.877 )/ 2 )
=788.416/2107.072
=37.42 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.308 + 31.266 + 13.252) - (173.637 + 13.71 + 65.85)
=-195.371

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.527 + 36.809 + 13.357) - (178.952 + 16.114 + 47.715)
=-180.088

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Artemis Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=772.971/7464.256
=10.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Artemis Gold EBIT Related Terms

Artemis Gold EBIT Historical Data

* Premium members only.

The historical data trend for Artemis Gold's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Artemis Gold EBIT Chart

Artemis Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -13.63 -21.56 -11.34 -31.37 581.49

Artemis Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.62 160.55 192.41 222.90 197.10

TSXV:ARTG vs HL: EBIT Comparison

For the Other Precious Metals & Mining subindustry, Artemis Gold's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Artemis Gold EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Artemis Gold's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Artemis Gold's EV-to-EBIT falls into.


TSXV:ARTG
42GF Score
Artemis Gold Inc TSXV:ARTG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Artemis Gold EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$773 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of C$773 Mil mean?
Artemis Gold (TSXV:ARTG) has a EBIT of C$773 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Artemis Gold.
Is Artemis Gold's EBIT too high?
Artemis Gold's current EBIT is C$773 Mil. Overall, Artemis Gold has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Artemis Gold's EBIT compare to HL?
Artemis Gold's EBIT of C$773 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Artemis Gold. Artemis Gold's current EBIT is C$773 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artemis Gold stock overvalued right now?
Artemis Gold (TSXV:ARTG) has a current EBIT of C$773 Mil. The current EBIT is C$773 Mil. Artemis Gold's overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Artemis Gold (TSXV:ARTG), the current EBIT is C$773 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Artemis Gold Business Description

Other Exchanges ARGTF:USA0WG:Germany
Address 595 Burrard Street, Three Bentall Centre, Suite 3083, P.O. Box 49298, Vancouver, BC, CAN, V7X 1L3
Artemis Gold Inc is a gold and silver producer focused on the operation and further development of its flagship asset, the Blackwater Gold Mine in central British Columbia, Canada. The Company operates a single reportable segment, being the operation and management of the Blackwater Mine.
42GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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