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Element 29 Resources (Element 29 Resources) 6-Month Price Index : 1.82 (As of Jun. 10, 2024)


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What is Element 29 Resources 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), Element 29 Resources's 6-Month Price Index is 1.82.

Competitive Comparison of Element 29 Resources's 6-Month Price Index

For the Copper subindustry, Element 29 Resources'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.

Element 29 Resources  (OTCPK:EMTRF) 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.

Element 29 Resources  (OTCPK:EMTRF) 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.

Element 29 Resources 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Element 29 Resources's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Element 29 Resources (Element 29 Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Element 29 Resources Inc (OTCPK:EMTRF) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:WCU TSXV:VCU TSXV:BCU TSXV:TRBC TSXV:DCMC TSXV:ACOP XCNQ:CCI TSXV:CPER TSXV:ARJN TSXV:USCU SCCO FCX LSE:ANTO LIM:CVERDEC1 TSX:FM SHSE:600362 SZSE:000630 WAR:KGH TSX:LUN SZSE:002203
Traded in Other Exchanges
ECU:Canada
Address
1650 - 1066 West Hastings Street, Vancouver, BC, CAN, V6C3X1
Website
https://www.e29copper.com
Element 29 Resources Inc is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties. Its projects include the Flor de Cobre copper project and the Elida copper Project, among others. It has one business segment, the exploration of mineral properties. The company's properties are located in Peru.

Element 29 Resources (Element 29 Resources) Headlines

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