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New Pacific Metals (New Pacific Metals) 6-Month Price Index : 1.38 (As of May. 15, 2024)


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What is New Pacific 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 (2024-05-15), New Pacific Metals's 6-Month Price Index is 1.38.

Competitive Comparison of New Pacific Metals's 6-Month Price Index

For the Other Precious Metals & Mining subindustry, New Pacific 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.

New Pacific Metals  (AMEX:NEWP) 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.

New Pacific Metals  (AMEX:NEWP) 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.

New Pacific Metals 6-Month Price Index Related Terms

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

New Pacific Metals (New Pacific Metals) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Pacific Metals Corp (AMEX:NEWP) » Definitions » 6-Month Price Index
Comparable Companies
TSX:GGD TSX:PPTA TSXV:MTA TSXV:ABRA TSXV:BRVO TSX:PTM TSX:DNG TSXV:CKG TSX:LUC TSX:VOXR ISX:AMMN JSE:AMS SZSE:000975 MIC:ALRS LSE:FRES JSE:IMP LIM:BUENAVC1 ISX:MBMA TSX:TFPM HL
Traded in Other Exchanges
NUAG:Canada
Address
1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1
Website
https://www.newpacificmetals.com
New Pacific Metals Corp is a Canadian Mining Issuer, in the business of exploring and developing precious metal properties in Bolivia. The company's projects include Silver Sand; Carangas and Silverstrike.