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Minaurum Gold (FRA:78M) 6-Month Price Index : 1.56 (As of May. 24, 2024)


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What is Minaurum Gold 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 (2024-05-24), Minaurum Gold's 6-Month Price Index is 1.56.

Competitive Comparison of Minaurum Gold's 6-Month Price Index

For the Gold subindustry, Minaurum Gold'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.

Minaurum Gold  (FRA:78M) 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.

Minaurum Gold  (FRA:78M) 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.

Minaurum Gold 6-Month Price Index Related Terms

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

Minaurum Gold (FRA:78M) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minaurum Gold Inc (FRA:78M) » Definitions » 6-Month Price Index
Comparable Companies
TSX:XTG TSXV:ROS TSX:SGNL XCNQ:IRV TSXV:HSTR TSXV:MMY XCNQ:USGD TSXV:TECT TSXV:SUP TSXV:FDR SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
MMRGF:USA 78M:Germany MGG:Canada
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
Website
https://www.minaurum.com
Minaurum Gold Inc is a regional explorer focusing on the exploration and development of high-grade gold and silver projects in the Southern Sonora State, Oaxaca-Chiapas region and Guerrero Gold Belt. It holds interest in Taviche Project, Alamos (Quintera) Project, Santa Marta Project, Vuelcos del Destino Property, Adelita Property, and Aurena Property. The Company operates in one segment the acquisition and exploration of exploration and evaluation assets. It operates in Mexico and the United States.

Minaurum Gold (FRA:78M) Headlines

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