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Canadian Gold (TSXV:CGC) 6-Month Price Index : 1.03 (As of Jun. 08, 2024)


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What is Canadian 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 (2024-06-08), Canadian Gold's 6-Month Price Index is 1.03.

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

For the Gold subindustry, Canadian 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.

Canadian Gold  (TSXV:CGC) 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.

Canadian Gold  (TSXV:CGC) 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.

Canadian Gold 6-Month Price Index Related Terms

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

Canadian Gold (TSXV:CGC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canadian Gold Corp (TSXV:CGC) » Definitions » 6-Month Price Index
Comparable Companies
TSX:SGNL TSXV:YGT TSXV:TECT TSXV:ABI TSX:AMM TSXV:ANK XCNQ:CTOC TSXV:ECR TSX:GMTN TSXV:RYR SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 MIC:PLZL JSE:GFI ASX:NST
Traded in Other Exchanges
STRRF:USA 8S8:Germany
Address
401 Bay Street, Suite 2702, P.O.Box 86, Toronto, ON, CAN, M5H 2Y4
Website
https://www.canadiangoldcorp.com
Canadian Gold Corp is a Toronto-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past-producing Tartan Lake Gold Mine Project, located in Flin Flon, Manitoba. In addition, the Company owns exploration properties in Ontario and Quebec surrounding some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON), and the Hammond Reef Project (ON).
Executives
Jennifer L Boyle Director, Senior Officer