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Xander Resources (Xander Resources) 6-Month Price Index : 0.91 (As of Jun. 05, 2024)


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What is Xander Resources 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), Xander Resources's 6-Month Price Index is 0.91.

Competitive Comparison of Xander Resources's 6-Month Price Index

For the Gold subindustry, Xander Resources'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.

Xander Resources  (OTCPK:XNDRF) 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.

Xander Resources  (OTCPK:XNDRF) 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.

Xander Resources 6-Month Price Index Related Terms

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

Xander Resources (Xander Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xander Resources Inc (OTCPK:XNDRF) » Definitions » 6-Month Price Index
Comparable Companies
XCNQ:FWM XCNQ:WISE TSXV:MGI TSXV:OTGO.H TSXV:GEN TSXV:RTM TSXV:AUGC TSXV:VKG.H TSXV:DHR XCNQ:METL SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
1XI:Germany XND:Canada
Address
1125 Howe Street, Suite 1400, Vancouver, BC, CAN, V6Z 2K3
Website
https://www.xanderresources.ca
Xander Resources Inc is a Canadian-based mineral exploration company. It is involved in the business of identification, evaluation, and acquisition of mineral properties. The company's project includes Blue Ribbon Property; Senneville South Property; Senneville West Property, Bachelor North, CNC Timmins Property, and Senneville East Property. It is focusing on developing accretive gold properties. Geographically, it operates only in Canada.

Xander Resources (Xander Resources) Headlines

From GuruFocus

Xander Resources Acquires 100 Claims West of CNC's Crawford Project

By PRNewswire PRNewswire • 10-21-2022