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Tsodilo Resources (FRA:TZO) 6-Month Price Index : 1.17 (As of May. 24, 2024)


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What is Tsodilo 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 (2024-05-24), Tsodilo Resources's 6-Month Price Index is 1.17.

Competitive Comparison of Tsodilo Resources's 6-Month Price Index

For the Other Precious Metals & Mining subindustry, Tsodilo 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.

Tsodilo Resources  (FRA:TZO) 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.

Tsodilo Resources  (FRA:TZO) 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.

Tsodilo Resources 6-Month Price Index Related Terms

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Tsodilo Resources (FRA:TZO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tsodilo Resources Ltd (FRA:TZO) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:TBX TSXV:RK TSXV:CCMI TSXV:PEX TSXV:BWCG TSXV:SAE TSXV:ARK TSXV:PGLD XCNQ:LTHM XCNQ:CFE ISX:AMMN JSE:AMS SZSE:000975 MIC:ALRS LSE:FRES JSE:IMP LIM:BUENAVC1 ISX:MBMA TSX:TFPM HL
Traded in Other Exchanges
TSDRF:USA TSD:Canada
Address
161 Bay Street, Suite 2700, P.O. Box 508, Canada Trust Tower, BCE Place, Toronto, ON, CAN, M5J 2S1
Website
https://www.tsodiloresources.com
Tsodilo Resources Ltd is an exploration stage company that is engaged principally in the acquisition, exploration, and development of mineral properties in the Republics of Botswana and South Africa. The company is actively reviewing additional diamond base and precious metal opportunities within Southern Africa. Its projects include Botswana Diamond, Xaudum Iron, and Idada 361, and others.

Tsodilo Resources (FRA:TZO) Headlines

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