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NGEx Minerals (TSX:NGEX) 6-Month Price Index : 1.36 (As of Jun. 08, 2024)


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What is NGEx Minerals 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-08), NGEx Minerals's 6-Month Price Index is 1.36.

Competitive Comparison of NGEx Minerals's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, NGEx Minerals's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.

NGEx Minerals  (TSX:NGEX) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

NGEx Minerals  (TSX:NGEX) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

NGEx Minerals 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of NGEx Minerals's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

NGEx Minerals (TSX:NGEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NGEx Minerals Ltd (TSX:NGEX) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:PMET TSXV:AFM TSX:FOM TSX:LAAC TSX:ALS TSX:LAC TSXV:SLI TSX:MDI TSX:LIRC TSX:POM ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
NGXXF:USA 2XM:Germany
Address
885 West Georgia Street, Suite 2000, HSBC Building, Vancouver, BC, CAN, V6C 3E8
Website
https://www.ngexminerals.com
NGEx Minerals Ltd is engaged in the acquisition, exploration, and development of mineral properties in South America. Its reportable segments are the Los Helados Project, the company's exploration projects in Argentina, other exploration projects, and the Company's corporate administration function.
Executives
Robert Gordon Carmichael Senior Officer

NGEx Minerals (TSX:NGEX) Headlines

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