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Gold Resource (LTS:0IYS) 6-Month Price Index : 1.69 (As of May. 28, 2024)


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What is Gold Resource 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 (2024-05-28), Gold Resource's 6-Month Price Index is 1.69.

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

For the Gold subindustry, Gold Resource'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.

Gold Resource  (LTS:0IYS) 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.

Gold Resource  (LTS:0IYS) 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.

Gold Resource 6-Month Price Index Related Terms

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

Gold Resource (LTS:0IYS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Resource Corp (LTS:0IYS) » Definitions » 6-Month Price Index
Comparable Companies
USAU PZG HYMC AUGG VGZ AUST TLRS NGLD JUPGF RYES NEM SHSE:601899 TSX:ABX TSX:AEM TSX:WPM TSX:FNV MIC:PLZL JSE:GFI SHSE:600547 ASX:NST
Traded in Other Exchanges
GORO:USA GIH:Germany GIH:Germany
Address
7900 East Union Avenue, Suite 320, Denver, CO, USA, 80237
Website
https://www.goldresourcecorp.com
Gold Resource Corp is a gold and silver producer, developer, and explorer with operations in Oaxaca, Mexico, and Nevada, USA. It targets low capital expenditure projects with the potential for generating high returns on capital. The company's two pipeline projects are; Don David Gold at Oaxaca, Mexico, and Back Forty at Michigan, United States of America.

Gold Resource (LTS:0IYS) Headlines

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