Stock price when the opinion was issued
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has lots of cash but does not have revenue. They have interesting assets. Good potential with $200M in cash to develop its properties. Management is working aggressively to quickly build out the company. Unlock Premium - Try 5i Free
The valuation looks fine here and the company is going from no revenues to high revenues this coming year. There are some execution risks because of this but things appear to largely be on track. Add in a strong backdrop for metals and we think ARTG looks interesting.
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