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Zhen Ding Resources (Zhen Ding Resources) 6-Month Price Index : 0.97 (As of Jun. 06, 2024)


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What is Zhen Ding 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 (2024-06-06), Zhen Ding Resources's 6-Month Price Index is 0.97.

Competitive Comparison of Zhen Ding Resources's 6-Month Price Index

For the Gold subindustry, Zhen Ding 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.

Zhen Ding Resources  (OTCPK:RBTK) 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.

Zhen Ding Resources  (OTCPK:RBTK) 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.

Zhen Ding Resources 6-Month Price Index Related Terms

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Zhen Ding Resources (Zhen Ding Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zhen Ding Resources Inc (OTCPK:RBTK) » Definitions » 6-Month Price Index
Comparable Companies
DC CTGO CMCL GROY FTCO IDR HYMC NGLD VGZ AUGG SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 JSE:GFI MIC:PLZL ASX:NST
Traded in Other Exchanges
N/A
Address
3900 Place De Java, Second Floor, Suite 111, Brossard, QC, CAN, J4Y OC4
Website
https://www.zhendingresources.com
Zhen Ding Resources Inc, through its subsidiary, is involved in the business of gold and copper mining, development, and production in China and Southeast Asia. The company's one of the project is Wuxi gold project, which is located in Jingxian county, situated in the southeastern part of Anhui Province, PRC.

Zhen Ding Resources (Zhen Ding Resources) Headlines

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