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Euro Ressources (Euro Ressources) 6-Month Price Index : 0.88 (As of Jun. 05, 2024)


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What is Euro Ressources 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 (2024-06-05), Euro Ressources's 6-Month Price Index is 0.88.

Competitive Comparison of Euro Ressources's 6-Month Price Index

For the Gold subindustry, Euro Ressources'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.

Euro Ressources  (OTCPK:ERRSF) 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.

Euro Ressources  (OTCPK:ERRSF) 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.

Euro Ressources 6-Month Price Index Related Terms

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

Euro Ressources (Euro Ressources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Euro Ressources SA (OTCPK:ERRSF) » Definitions » 6-Month Price Index
Comparable Companies
CTGO DC CMCL RBTK FTCO NGLD GROY IDR AUGG VGZ SHSE:601899 NEM TSX:AEM TSX:ABX TSX:FNV TSX:WPM SHSE:600547 JSE:GFI MIC:PLZL ASX:NST
Traded in Other Exchanges
EUR:France GY5:Germany
Address
23, Rue du Roule, Paris, FRA, 75001
Website
https://www.goldroyalties.com
Euro Ressources SA is a France-based company focused on precious-metal royalties. The company owns royalty interest in the Rosebel gold mine which is located in Suriname. Geographically group functions all its business activity through Canada. Revenue for the firm is generated through royalty interest from the Rosebel gold mine.

Euro Ressources (Euro Ressources) Headlines

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