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Grounded Lithium (TSXV:GRD) 6-Month Price Index : 0.50 (As of Jun. 09, 2024)


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What is Grounded Lithium 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 (2024-06-09), Grounded Lithium's 6-Month Price Index is 0.50.

Competitive Comparison of Grounded Lithium's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Grounded Lithium'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.

Grounded Lithium  (TSXV:GRD) 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.

Grounded Lithium  (TSXV:GRD) 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.

Grounded Lithium 6-Month Price Index Related Terms

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

Grounded Lithium (TSXV:GRD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grounded Lithium Corp (TSXV:GRD) » Definitions » 6-Month Price Index
Comparable Companies
XCNQ:PRIZ TSXV:RTH XCNQ:RECE XCNQ:CXC TSXV:LMR XCNQ:ACME XCNQ:OWLI TSXV:ADE TSXV:ORM XCNQ:POWR ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
GRDAF:USA
Address
500, 400-5th Avenue SW, Calgary, AB, CAN, T2P 0L6
Website
https://www.groundedlithium.com
Grounded Lithium Corp is a lithium resource company focused on supplying lithium to the rapidly developing electricity-powered economy. It controls approximately 2.9 million tonnes of lithium carbonate equivalent over its focused land holdings in Southwest Saskatchewan.

Grounded Lithium (TSXV:GRD) Headlines

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