GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aldebaran Resources Inc (TSXV:ALDE) » Definitions » 6-Month Price Index

Aldebaran Resources (TSXV:ALDE) 6-Month Price Index : 1.18 (As of Jun. 09, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Aldebaran 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 (2024-06-09), Aldebaran Resources's 6-Month Price Index is 1.18.

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

For the Other Industrial Metals & Mining subindustry, Aldebaran 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.

Aldebaran Resources  (TSXV:ALDE) 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.

Aldebaran Resources  (TSXV:ALDE) 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.

Aldebaran Resources 6-Month Price Index Related Terms

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

Aldebaran Resources (TSXV:ALDE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aldebaran Resources Inc (TSXV:ALDE) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:GPH TSXV:NOVR TSX:FSY TSXV:NKG TSXV:LITH TSX:AII TSXV:OIII TSXV:RCK TSX:GEO TSX:ERD ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
ADBRF:USA
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
Website
https://www.aldebaranresources.com
Aldebaran Resources Inc is a Canadian mineral exploration company. Aldebaran has the right to earn from the Altar copper-gold project in San Juan Province, Argentina from Sibanye Stillwater. Altar hosts a large porphyry copper-gold system with mineralization currently defined in three distinct zones and forms part of a cluster of porphyry copper deposits which includes Los Pelambres (Antofagasta Minerals), El Pachon (Glencore), and Los Azules (McEwen Mining). The firm is focused on the Altar project with a view to discovering new zones with higher-grade mineralization.
Executives
Gordon Patrick Leask Director

Aldebaran Resources (TSXV:ALDE) Headlines

No Headlines