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Silvercorp Metals (TSX:SVM) 6-Month Price Index : 1.66 (As of May. 18, 2024)


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What is Silvercorp 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 (2024-05-18), Silvercorp Metals's 6-Month Price Index is 1.66.

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

For the Silver subindustry, Silvercorp 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.

Silvercorp Metals  (TSX:SVM) 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.

Silvercorp Metals  (TSX:SVM) 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.

Silvercorp Metals 6-Month Price Index Related Terms

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

Silvercorp Metals (TSX:SVM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silvercorp Metals Inc (TSX:SVM) » Definitions » 6-Month Price Index
Comparable Companies
TSX:DSV TSXV:DV TSXV:BIG TSXV:APM TSXV:SVRS TSXV:SVE TSXV:IPT TSXV:KTN TSXV:GSVR XCNQ:KUYA TSX:FR TSX:MAG TSX:AYA ASX:SVL TSXV:AGMR TSXV:RSLV XCNQ:LIDO ASX:USL TSXV:APGO TSXV:EML
Traded in Other Exchanges
SVM:USA S9Y:Germany S9Y:Germany
Address
1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1
Website
http://www.silvercorp.ca
Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. The group produces silver, gold, lead, and zinc. The company creates shareholder's value by focusing on generating free cash flow from long-life mines; organic growth through extensive drilling for discovery; equity investments in potential world-class opportunities; ongoing merger and acquisition efforts to unlock value; and long-term commitment to responsible mining and ESG.
Executives
Rui Feng Director, Senior Officer