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NewPeak Metals (FRA:NPM) 6-Month Price Index : 0.09 (As of Jun. 10, 2024)


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What is NewPeak Metals 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 (2024-06-10), NewPeak Metals's 6-Month Price Index is 0.09.

Competitive Comparison of NewPeak Metals's 6-Month Price Index

For the Gold subindustry, NewPeak Metals'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.

NewPeak Metals  (FRA:NPM) 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.

NewPeak Metals  (FRA:NPM) 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.

NewPeak Metals 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of NewPeak Metals's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

NewPeak Metals (FRA:NPM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NewPeak Metals Ltd (FRA:NPM) » Definitions » 6-Month Price Index
Comparable Companies
ASX:A8G ASX:LSR ASX:SNG ASX:VKA ASX:TRM ASX:MMC ASX:TMB ASX:RGL ASX:RBX ASX:MVL SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
NPM:Australia
Address
111 Eagle Street, Level 27, Brisbane, QLD, AUS, 4000
Website
https://www.newpeak.com.au
NewPeak Metals Ltd is a mineral resource company, holding strategic positions in several Gold properties in jurisdictions including Finland, New Zealand, and Argentina. The company is focused on developing the Las Openas Gold Project and Cachi Gold Project in Argentina; Tampere Gold Project in Finland; Bergslagen Tungsten Project in Sweden; Otago Gold Properties in New Zealand; and Lakes Oil NL in Australia.

NewPeak Metals (FRA:NPM) Headlines

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