12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-12), Gatos Silver's 12-1 Month Momentum % is 56.75%.
The industry rank for Gatos Silver's 12-1 Month Momentum % or its related term are showing as below:
GATO's 12-1 Month Momentum % is ranked better than 90.77% of 2599
companies
in the Metals & Mining industry
Industry Median: -25.3
vs GATO: 56.75
Competitive Comparison of Gatos Silver's 12-1 Month Momentum %
For the Other Precious Metals & Mining subindustry, Gatos Silver's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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.
Gatos Silver's 12-1 Month Momentum % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Gatos Silver's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Gatos Silver's 12-1 Month Momentum % falls into.
* 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.
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Gatos Silver 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Gatos Silver's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Gatos Silver Inc is a development and exploration company. It is focused on the production of Cerro Los Gatos Mine and the further exploration and development of the Los Gatos District, both located in Chihuahua, Mexico. The Los Gatos District consists of 14 mineralized zones, including three identified silver-lead-zinc deposits: the Cerro Los Gatos Mine, the Esther deposit, and the Amapola deposit. The Company's reportable segments are based on the Company's mineral interests and management structure and include Mexico and Corporate segments. The Mexico segment engages in the exploration, development, and operation of the Company's Mexican mineral interests and includes the Company's investment in its LGJV.
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