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O3 Mining (TSXV:OIII) 12-1 Month Momentum % : -36.42% (As of Dec. 15, 2024)


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What is O3 Mining 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), O3 Mining's 12-1 Month Momentum % is -36.42%.

The industry rank for O3 Mining's 12-1 Month Momentum % or its related term are showing as below:

TSXV:OIII's 12-1 Month Momentum % is ranked worse than
67.66% of 2545 companies
in the Metals & Mining industry
Industry Median: -14.71 vs TSXV:OIII: -36.42

Competitive Comparison of O3 Mining's 12-1 Month Momentum %

For the Other Industrial Metals & Mining subindustry, O3 Mining'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.


O3 Mining's 12-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, O3 Mining's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where O3 Mining's 12-1 Month Momentum % falls into.



O3 Mining  (TSXV:OIII) 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.


O3 Mining  (TSXV:OIII) 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.


O3 Mining 12-1 Month Momentum % Related Terms

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O3 Mining Business Description

Traded in Other Exchanges
Address
155 University Avenue, Suite 1440, Toronto, ON, CAN, M5H 3B7
O3 Mining Inc is a Canadian mineral exploration company. It is engaged in the business of acquiring, exploring, and developing precious mineral deposits in Canada. The company's property portfolio consists of Cadillac Break Properties, Marban Property, Alpha Property, Wydee Gold Property, and Matachewan Property.
Executives
Elijah Tyshynski Senior Officer
Jose Vizquerra Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Myrzah Tavares Bello Senior Officer
Louis Gariepy Senior Officer
Osisko Mining Inc. 10% Security Holder
John Feliks Burzynski Director, Director or Senior Officer of 10% Security Holder
Bernardo Alvarez Calderon Deemed Insider - 6 Months before becoming Insider
William Murray John Director
Robert Wares Director or Senior Officer of 10% Security Holder
Henri Holm Senior Officer
Ferras Zalt Director
Jason Wesley Scharfe Director
Threed Capital Inc. 10% Security Holder
Deni Mario Echino Director
Sheldon Inwentash Director or Senior Officer of 10% Security Holder

O3 Mining Headlines

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