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MAGE (Magellan Copper and Gold) 12-1 Month Momentum % : 80.92% (As of Dec. 15, 2024)


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What is Magellan Copper and Gold 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-12-15), Magellan Copper and Gold's 12-1 Month Momentum % is 80.92%.

The industry rank for Magellan Copper and Gold's 12-1 Month Momentum % or its related term are showing as below:

MAGE's 12-1 Month Momentum % is ranked better than
89.31% of 2545 companies
in the Metals & Mining industry
Industry Median: -14.71 vs MAGE: 80.92

Competitive Comparison of Magellan Copper and Gold's 12-1 Month Momentum %

For the Gold subindustry, Magellan Copper and Gold's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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.


Magellan Copper and Gold's 12-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Magellan Copper and Gold's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Magellan Copper and Gold's 12-1 Month Momentum % falls into.



Magellan Copper and Gold  (OTCPK:MAGE) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* 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.


Magellan Copper and Gold  (OTCPK:MAGE) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Magellan Copper and Gold 12-1 Month Momentum % Related Terms

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Magellan Copper and Gold Business Description

Traded in Other Exchanges
N/A
Address
602 Cedar Street, Suite 205, Wallace, ID, USA, 83873
Magellan Copper and Gold Inc formerly Magellan Gold Corp is an exploration stage company, and principal business is the acquisition and exploration of mineral projects focus is on properties in the States of Idaho and California. Key Projects of the Company are the Center Star Mine and the Kris Project.
Executives
Frank Pastornia officer: COO C/O 500 MARQUETTE AVE., STE. 1200, ALBUQUERQUE NM 87102
John D Gibbs 10 percent owner 16 E STREET SOUTHWEST, ARDMORE OK 73402
Power John C /ca/ director, 10 percent owner, officer: President/Secretary
Dennis Bell 10 percent owner 47 LISLE ST., MT. CLAREMONT C3 6010
Michael Paul Martinez officer: CFO/Secretary/Treasurer 13612 EMBUDO CT., NE, ALBUQUERQUE NM 87112
W Pierce Carson officer: President of Gulf & Western In 7239 N EL MIRAGR ROAD, GLENDALE AZ 86307