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Red Pine Exploration (TSXV:RPX) 6-Month Price Index : 0.51 (As of Jun. 09, 2024)


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What is Red Pine Exploration 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), Red Pine Exploration's 6-Month Price Index is 0.51.

Competitive Comparison of Red Pine Exploration's 6-Month Price Index

For the Gold subindustry, Red Pine Exploration'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.

Red Pine Exploration  (TSXV:RPX) 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.

Red Pine Exploration  (TSXV:RPX) 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.

Red Pine Exploration 6-Month Price Index Related Terms

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

Red Pine Exploration (TSXV:RPX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red Pine Exploration Inc (TSXV:RPX) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:VAU TSXV:KG TSXV:LAB TSXV:BRAU TSXV:UGD TSXV:RDG XCNQ:GTCH TSXV:VLC TSXV:AUAU XCNQ:ELEM SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 MIC:PLZL JSE:GFI ASX:NST
Traded in Other Exchanges
RDEXF:USA RPX:Germany
Address
145 Wellington Street West, Suite 1001, Toronto, ON, CAN, M5J 1H8
Website
https://www.redpineexp.com
Red Pine Exploration Inc is a Canadian precious metals explorer company. It is involved in the identification, acquisition, and development of properties in Ontario, Canada. The company's flagship Wawa Gold Project is located 2km southeast of the Municipality of Wawa, in Northern Ontario. The property, comprising six thousand nine hundred and eighty six hectares, hosts several former mines with a combined historic production of One hundred twenty thousand oz gold.
Executives
Edward William Drew Anwyll Director

Red Pine Exploration (TSXV:RPX) Headlines

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