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Lithium Ionic (TSXV:LTH) 6-Month Price Index : 0.54 (As of Jun. 10, 2024)


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What is Lithium Ionic 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 (2024-06-10), Lithium Ionic's 6-Month Price Index is 0.54.

Competitive Comparison of Lithium Ionic's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Lithium Ionic'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.

Lithium Ionic  (TSXV:LTH) 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.

Lithium Ionic  (TSXV:LTH) 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.

Lithium Ionic 6-Month Price Index Related Terms

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

Lithium Ionic (TSXV:LTH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Ionic Corp (TSXV:LTH) » Definitions » 6-Month Price Index
Comparable Companies
TSX:NDM TSX:AOT TSX:NEXT TSX:TLO TSXV:NOU TSX:LGO TSX:ETG TSX:NB TSXV:PNRL TSXV:ETL ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
LTHCF:USA
Address
36 Lombard Street, 4th Floor, Toronto, ON, CAN, M5C 2X3
Website
https://www.lithiumionic.com
Lithium Ionic Corp is a Canadian junior exploration company focused on developing commercial-grade lithium. It owns a 100% ownership interest in the Itinga lithium project. It operates a single operating segment, which is mineral exploration and evaluation in Brazil.