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Defense Metals (TSXV:DEFN) 6-Month Price Index : 1.28 (As of Jun. 02, 2024)


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What is Defense Metals 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 (2024-06-02), Defense Metals's 6-Month Price Index is 1.28.

Competitive Comparison of Defense Metals's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Defense Metals'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.

Defense Metals  (TSXV:DEFN) 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.

Defense Metals  (TSXV:DEFN) 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.

Defense Metals 6-Month Price Index Related Terms

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

Defense Metals (TSXV:DEFN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Defense Metals Corp (TSXV:DEFN) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:CVV TSXV:NIM XCNQ:LITS TSXV:CCCM XCNQ:TTX TSXV:NCX TSX:TI TSXV:BZ TSXV:BRO TSX:WRX ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
DFMTF:USA 35D:Germany
Address
228 - 1122 Mainland Street, Suite 605, Vancouver, BC, CAN, V6B 5L1
Website
https://www.defensemetals.com
Defense Metals Corp is a mineral exploration company focused on metals and elements commonly used in the EV market, military, national security, and "GREEN" energy technologies, such as high-strength alloys and rare earth magnets. It holds a portfolio of 100% of the 1,708 hectares of Rare Earth Wicheeda Property in British Columbia, Canada. The mineral deposits are commonly used in the electric power market, defence industry, national security sector, and in the production of green energy technologies.
Executives
Craig Taylor Director

Defense Metals (TSXV:DEFN) Headlines