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Karora Resources (TSX:KRR) 6-Month Price Index : 1.21 (As of May. 24, 2024)


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What is Karora Resources 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), Karora Resources's 6-Month Price Index is 1.21.

Competitive Comparison of Karora Resources's 6-Month Price Index

For the Gold subindustry, Karora Resources'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.

Karora Resources  (TSX:KRR) 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.

Karora Resources  (TSX:KRR) 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.

Karora Resources 6-Month Price Index Related Terms

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

Karora Resources (TSX:KRR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Karora Resources Inc (TSX:KRR) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:SGD TSX:ORA TSX:CXB TSX:RUP XCNQ:ASE TSX:IAU TSXV:RGD TSX:ARIS TSX:OSK TSXV:ARTG SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
KRRGF:USA 5RN1:Germany
Address
141 Adelaide Street West, Suite 1608, Toronto, ON, CAN, M5H 3L5
Website
https://www.karoraresources.com
Karora Resources Inc is a multi-asset mineral resource company engaged in the production and exploration and evaluation activities in Australia. Its main assets are the Beta Hunt Mine; HGO toll processing and gold mining operation; and the Spargos Reward Gold Project, all of which are located in Western Australia.
Executives
Michael Benjamin Jr. Doolin Senior Officer

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