Revett Mining Co (FRA:RV2) 6-1 Month Momentum % : N/A% (As of May. 05, 2024)

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What is Revett Mining Co 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-05), Revett Mining Co's 6-1 Month Momentum % is N/A%.

The industry rank for Revett Mining Co's 6-1 Month Momentum % or its related term are showing as below:

FRA:RV2's 6-1 Month Momentum % is not ranked ^*
in the Metals & Mining industry.
Industry Median: -4.69
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Revett Mining Co's 6-1 Month Momentum %

For the Other Industrial Metals & Mining subindustry, Revett Mining Co's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.

Revett Mining Co's 6-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Revett Mining Co's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Revett Mining Co's 6-1 Month Momentum % falls into.

Revett Mining Co (FRA:RV2) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* 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.

Revett Mining Co (FRA:RV2) 6-1 Month Momentum % Explanation

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 6-1 Month Momentum % measures the total return to a stock over the past six 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.

Revett Mining Co 6-1 Month Momentum % Related Terms

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Revett Mining Co (FRA:RV2) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.revettmining.com

Revett Mining Co Inc formerly Revett Minerals Inc., was incorporated in August 2004. The Company is a silver-copper producer. It owns and operates the producing Troy Mine and the development-stage Rock Creek project; both properties are located in northwestern Montana. Its mining properties are Troy and Rock Creek. Troy an is underground silver and copper mine located in Lincoln County, Montana, approximately fifteen miles south of the town of Troy. Rock Creek is a large exploration-stage silver and copper property located in Sanders County, Montana, approximately five miles northeast of Noxon, Montana. The mine operation comprises 24 patented lode-mining claims, 510 unpatented lode-mining claims, approximately 850 acres of fee land and approximately 394 acres of patented claim land. The Company also owns two unpatented claim groups in nearby areas of Sanders County, the Vermillion River and the Sims Creek properties, which comprise approximately 1,660 acres and are located approximately 25 miles southeast of Rock Creek. Limited drilling was conducted by the previous owner of the Vermillion River claim group. Additionally, it also owns approximately 673 acres of fee land that will be used for mitigation as the Rock Creek project is developed. The Company is subject to a variety of federal, state and local statutes, rules and regulations designed to protect the quality of the air and water, and threatened or endangered species in the vicinity of its mining operations.

Revett Mining Co (FRA:RV2) Headlines

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