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Orea Mining (TSX:OREA) 6-Month Price Index : 0.75 (As of Jun. 09, 2024)


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What is Orea Mining 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), Orea Mining's 6-Month Price Index is 0.75.

Competitive Comparison of Orea Mining's 6-Month Price Index

For the Gold subindustry, Orea Mining'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.

Orea Mining  (TSX:OREA) 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.

Orea Mining  (TSX:OREA) 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.

Orea Mining 6-Month Price Index Related Terms

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

Orea Mining (TSX:OREA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orea Mining Corp (TSX:OREA) » Definitions » 6-Month Price Index
Comparable Companies
RNGG SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 MIC:PLZL JSE:GFI ASX:NST AU TSX:K SHSE:600489 RGLD TSX:PAAS TSX:AGI HKSE:01818 JSE:HAR LSE:EDV
Traded in Other Exchanges
OREAF:USA 3CG:Germany
Address
1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9
Website
https://www.oreamining.com
Orea Mining Corp is a gold exploration and development company. The company's principal business activities are the exploration and development of resource properties which are located in French Guiana, France. It operates two projects namely the Maripa project and Montagne d'Or Gold deposit.
Executives
Robert Giustra Director, Senior Officer

Orea Mining (TSX:OREA) Headlines

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