GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Gold Inc (OTCPK:LUGDF) » Definitions » 6-Month Price Index

Lundin Gold (Lundin Gold) 6-Month Price Index : 1.13 (As of Jun. 09, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Lundin 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 (2024-06-09), Lundin Gold's 6-Month Price Index is 1.13.

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

For the Gold subindustry, Lundin 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.

Lundin Gold  (OTCPK:LUGDF) 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.

Lundin Gold  (OTCPK:LUGDF) 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.

Lundin Gold 6-Month Price Index Related Terms

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

Lundin Gold (Lundin Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Gold Inc (OTCPK:LUGDF) » Definitions » 6-Month Price Index
Comparable Companies
TSX:BTO TSX:ELD TSX:OR TSX:IMG TSX:EQX TSX:FVI TSX:SSL TSX:OGC TSXV:ARTG TSX:NGD SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 MIC:PLZL JSE:GFI ASX:NST
Traded in Other Exchanges
LUG:Sweden F1YN:Germany LUG:Canada
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
Website
https://www.lundingold.com
Lundin Gold Inc is a Canada-based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within a 150 km long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador.

Lundin Gold (Lundin Gold) Headlines

From GuruFocus

Lundin Gold Share Capital and Voting Rights Update

By GlobeNewswire GlobeNewswire • 03-29-2018

Why Lundin Gold Could Outperform

By Alberto Abaterusso Alberto Abaterusso • 03-11-2020

Lundin Gold to Webcast Live at VirtualInvestorConferences.com December 8th

By Value_Insider Value_Insider • 12-06-2022