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Ivanhoe Mines (TSX:IVN) 6-Month Price Index : 1.73 (As of May. 27, 2024)


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What is Ivanhoe Mines 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 (2024-05-27), Ivanhoe Mines's 6-Month Price Index is 1.73.

Competitive Comparison of Ivanhoe Mines's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Ivanhoe Mines'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.

Ivanhoe Mines  (TSX:IVN) 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.

Ivanhoe Mines  (TSX:IVN) 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.

Ivanhoe Mines 6-Month Price Index Related Terms

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Ivanhoe Mines (TSX:IVN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ivanhoe Mines Ltd (TSX:IVN) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:SGML TSX:FIL TSX:LAC TSX:LAAC TSX:FOM TSXV:AFM TSXV:PMET TSXV:NGEX TSX:ALS TSXV:SLI ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
IVPAF:USA IYAA:Germany
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
Website
https://www.ivanhoemines.com
Ivanhoe Mines Ltd is a diversified mining company focused on advancing its three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project in South Africa; and the restart of the historic ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC. It is also exploring for new copper discoveries across its circa 2,400km2 of 90-100% owned exploration licences in the Western Foreland, located adjacent to the Kamoa-Kakula Copper Complex.
Executives
Stephen Ralph Amos Senior Officer

Ivanhoe Mines (TSX:IVN) Headlines

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