Diatreme Resources (ASX:DRX) 3-1 Month Momentum %: -35.29% (As of Aug. 02, 2026)

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What is Diatreme Resources 3-1 Month Momentum %?

Diatreme Resources ASX:DRX 3-1 Month Momentum % is -35.29% as of Aug. 02, 2026. The stock has 1 warning sign investors should review. Among 2,542 Metals & Mining companies, Diatreme Resources ranks worse than 87.37% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-02), Diatreme Resources's 3-1 Month Momentum % is -35.29%.

The industry rank for Diatreme Resources's 3-1 Month Momentum % or its related term are showing as below:

ASX:DRX's 3-1 Month Momentum % is ranked worse than
87.37% of 2542 companies
in the Metals & Mining industry
Industry Median: -14.29 vs ASX:DRX: -35.29

Diatreme Resources  (ASX:DRX) 3-1 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 3-1 Month Momentum % measures the total return to a stock over the past three 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.

Diatreme Resources 3-1 Month Momentum % Related Terms

Diatreme Resources 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Diatreme Resources's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 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.

Diatreme Resources 3-1 Month Momentum % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Diatreme Resources's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Diatreme Resources's 3-1 Month Momentum % falls into.


Diatreme Resources  (ASX:DRX) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-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.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -35.29% mean?
Diatreme Resources (ASX:DRX) has a 3-1 Month Momentum % of -35.29% as of Aug. 02, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Diatreme Resources and its competitors. According to the industry distribution chart, Diatreme Resources ranks #2221 out of 2542 companies in the Metals & Mining industry, placing it in the top 87.4%.
Is Diatreme Resources' 3-1 Month Momentum % too high?
Diatreme Resources' current 3-1 Month Momentum % is -35.29%. Based on the distribution chart, Diatreme Resources ranks #2221 out of 2542 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Diatreme Resources' 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Diatreme Resources ranks #2221 out of 2542 companies for 3-1 Month Momentum %. This places Diatreme Resources in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Metals & Mining company?
A good 3-1 Month Momentum % depends on the Metals & Mining industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Diatreme Resources and its competitors. Diatreme Resources's current 3-1 Month Momentum % is -35.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diatreme Resources stock overvalued right now?
Diatreme Resources (ASX:DRX) has a current 3-1 Month Momentum % of -35.29%. The current 3-1 Month Momentum % is -35.29%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Diatreme Resources (ASX:DRX), the current 3-1 Month Momentum % is -35.29% as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Diatreme Resources Business Description

Other Exchanges DRRLF:USA
Address 55-61 Holdsworth Street, Unit 8, Coorparoo, Brisbane, QLD, AUS, 4151
Diatreme Resources Ltd is engaged in exploring heavy mineral sands, copper, gold, and base metals in Australia. The company's projects include the Cyclone Zircon Project, Galalar Silica Project, Clermont Copper/Gold Project and others. The Company operates in one business segment and one geographical segment, namely explorer for heavy mineral sands, copper, and base metals in Australia.