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Wesdome Gold Mines (TSX:WDO) 6-Month Price Index : 1.49 (As of May. 24, 2024)


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What is Wesdome Gold Mines 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), Wesdome Gold Mines's 6-Month Price Index is 1.49.

Competitive Comparison of Wesdome Gold Mines's 6-Month Price Index

For the Gold subindustry, Wesdome Gold Mines'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.

Wesdome Gold Mines  (TSX:WDO) 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.

Wesdome Gold Mines  (TSX:WDO) 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.

Wesdome Gold Mines 6-Month Price Index Related Terms

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Wesdome Gold Mines (TSX:WDO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wesdome Gold Mines Ltd (TSX:WDO) » Definitions » 6-Month Price Index
Comparable Companies
TSX:NGD TSX:TXG TSX:SSRM TSX:OLA TSX:CXB TSX:KNT TSXV:ARTG TSX:CG TSX:NG TSX:DPM SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 JSE:GFI MIC:PLZL ASX:NST
Traded in Other Exchanges
WDOFF:USA RKVA:Germany
Address
220 Bay Street, Suite 1200, Toronto, ON, CAN, M5J 2W4
Website
https://www.wesdome.com
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.
Executives
Brian Neville Skanderbeg Director

Wesdome Gold Mines (TSX:WDO) Headlines

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