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Gold Royalty (Gold Royalty) 6-Month Price Index : 0.99 (As of Jun. 05, 2024)


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What is Gold Royalty 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 (2024-06-05), Gold Royalty's 6-Month Price Index is 0.99.

Competitive Comparison of Gold Royalty's 6-Month Price Index

For the Gold subindustry, Gold Royalty'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.

Gold Royalty  (AMEX:GROY) 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.

Gold Royalty  (AMEX:GROY) 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.

Gold Royalty 6-Month Price Index Related Terms

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

Gold Royalty (Gold Royalty) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Royalty Corp (AMEX:GROY) » Definitions » 6-Month Price Index
Comparable Companies
CTGO CMCL FTCO DC VRDR IDR AUGG HYMC VGZ NGLD SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL ASX:NCM SHSE:600547 JSE:GFI
Traded in Other Exchanges
6LS0:Germany
Address
1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3
Website
https://www.goldroyalty.com
Gold Royalty Corp is a precious metals-focused royalty and streaming company. It offers creative financing solutions to the metals and mining industry. The company's mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for investors. It has its business as a single operating segment, being the investment in royalty and mineral stream interests.