Artemis Gold agreed to Vista deal. Canaccord kept Buy on Artemis Gold stock

Published on 10/08/2026 at 13:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canaccord kept a Buy rating and CAD 50.00 target for Artemis Gold stock. Artemis Gold stock costs EUR 24.10 on October 8, 2026 after EUR 24.10.

ASE, CA04302L1004, Illustration mit AI erstellt.

Artemis Gold (ISIN CA04302L1004) was at EUR 24.10 at Lang & Schwarz on October 8, 2026 at 1:32 p.m. CEST, unchanged against the EUR 24.10 prior close. The company had agreed to acquire Vista Gold in a US$427 million all-share transaction on September 21, 2026, while Canaccord kept a Buy rating and a CAD 50.00 target on September 23, 2026, as reported by Investing.com.

Three dated operating milestones

On August 6, 2026, Artemis Gold reported second-quarter revenue of CAD 433.6 million and net income of CAD 199.0 million, up 88 percent and 99 percent year over year, respectively, according to Simply Wall St. On September 9, 2026, the inaugural cash dividend payment was accompanied by the issue of 57 deferred share units, as reported by MarketScreener. On September 21, 2026, the Vista Gold transaction added the Mt Todd project in Australia for US$427 million, according to Artemis Gold.

What does the acquisition add?

The transaction gives Artemis Gold an advanced-stage Australian development asset while leaving Blackwater Phase 1A and EP2 as the priority projects. The official release says Mt Todd has 9.1 million ounces of Measured and Indicated Mineral Resources, 1.4 million ounces of Inferred Mineral Resources and permitted processing capacity of 50,000 tonnes per day.

The strategic appeal is scale, but the timetable matters. Artemis Gold expects Blackwater EP2 completion by mid-2028, while Mt Todd construction spending is planned only after Blackwater EP2 reaches full production. The release describes a pathway toward more than one million ounces of annual gold production, subject to approvals, permitting and project execution.

Next dates for investors

Artemis Gold said the Vista Gold proxy statement is expected in November 2026 and the shareholder meeting in December 2026, with transaction completion expected in January 2027. A separate earnings calendar lists November 10, 2026, as the next reporting date, according to Investing.com.

Stock holds at EUR 24.10

Artemis Gold was trading at EUR 24.10 at Lang & Schwarz on October 8, 2026 at 1:32 p.m. CEST, unchanged versus the EUR 24.10 prior close at Lang & Schwarz on October 7, 2026. On the TSXV, the finance quote showed CAD 38.54 on October 7, 2026, within the CAD 29.13 to CAD 48.80 52-week range, with market capitalization of CAD 9.0 billion.

The further course of trading is shown by the continuously updated real-time quote of Artemis Gold stock.