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Soma Gold (TSXV:SOMA) 6-Month Price Index : 0.85 (As of May. 31, 2024)


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What is Soma Gold 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 (2024-05-31), Soma Gold's 6-Month Price Index is 0.85.


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

For the Gold subindustry, Soma Gold'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.


Soma Gold  (TSXV:SOMA) 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.


Soma Gold  (TSXV:SOMA) 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.


Soma Gold 6-Month Price Index Related Terms

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


Soma Gold (TSXV:SOMA) Business Description

Traded in Other Exchanges
Address
1050 West Pender Street, Suite 970, Vancouver, BC, CAN, V6E 3S7
Soma Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. It operates El Bagre Gold Mining Complex. The El Bagre operations consist of a gold processing plant, the La Ye and Los Mangos operating underground gold mines, and the Cordero mine development project. The Company produces dore which contains both gold and silver. The dore is further processed to produce refined metals.
Executives
Jean-francois Meilleur Senior Officer

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