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Lundin Mining (TSX:LUN) 6-Month Price Index : 1.86 (As of Apr. 27, 2024)


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What is Lundin Mining 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 (2024-04-27), Lundin Mining's 6-Month Price Index is 1.86.

Competitive Comparison of Lundin Mining's 6-Month Price Index

For the Copper subindustry, Lundin Mining'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.

Lundin Mining  (TSX:LUN) 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.

Lundin Mining  (TSX:LUN) 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.

Lundin Mining 6-Month Price Index Related Terms

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

Lundin Mining (TSX:LUN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Mining Corp (TSX:LUN) » Definitions » 6-Month Price Index
Comparable Companies
TSX:FM TSX:CS TSX:HBM TSX:ERO TSX:TKO TSX:III TSX:MARI TSXV:LA TSX:ARG TSX:ASCU SCCO FCX LSE:ANTO LIM:CVERDEC1 SHSE:600362 SZSE:000630 WAR:KGH HKSE:01208 BOM:513599 HKSE:01258
Traded in Other Exchanges
LUNMF:USA LUMI:Sweden LUMIs:UK 0RQ9:UK GXD:Germany
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Website
https://www.lundinmining.com
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (TSX:LUN) Headlines

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