Encounter Resources (ASX:ENR) 3-1 Month Momentum %: -11.48% (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:ENR Encounter Resources Ltd ASX:ENR
30 GF Score
Price A$0.23
View Full Analysis

What is Encounter Resources 3-1 Month Momentum %?

Encounter Resources ASX:ENR -2.17% 30 3-1 Month Momentum % is -11.48% as of Aug. 03, 2026. GuruFocus rates ASX:ENR with a GF Score™ of 30/100. Among 2,542 Metals & Mining companies, Encounter Resources ranks better than 55.9% 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 (2026-08-03), Encounter Resources's 3-1 Month Momentum % is -11.48%.

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

ASX:ENR's 3-1 Month Momentum % is ranked better than
55.9% of 2542 companies
in the Metals & Mining industry
Industry Median: -14.29 vs ASX:ENR: -11.48

Encounter Resources  (ASX:ENR) 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.


Encounter Resources 3-1 Month Momentum % Related Terms


Encounter Resources 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Encounter 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.


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

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

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


ASX:ENR
30GF Score
Encounter Resources Ltd ASX:ENR
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Encounter Resources  (ASX:ENR) 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 -11.48% mean?
Encounter Resources (ASX:ENR) has a 3-1 Month Momentum % of -11.48% as of Aug. 03, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Encounter Resources and its competitors. According to the industry distribution chart, Encounter Resources ranks #1121 out of 2542 companies in the Metals & Mining industry, placing it in the top 44.1%.
Is Encounter Resources' 3-1 Month Momentum % too high?
Encounter Resources' current 3-1 Month Momentum % is -11.48%. Based on the distribution chart, Encounter Resources ranks #1121 out of 2542 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Encounter Resources has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Encounter Resources' 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Encounter Resources ranks #1121 out of 2542 companies for 3-1 Month Momentum %. This puts Encounter Resources in the upper 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 Encounter Resources and its competitors. Encounter Resources's current 3-1 Month Momentum % is -11.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Encounter Resources stock overvalued right now?
Encounter Resources (ASX:ENR) has a current 3-1 Month Momentum % of -11.48%. The current 3-1 Month Momentum % is -11.48%. Encounter Resources' overall GF Score™ is 30/100. 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 Encounter Resources (ASX:ENR), the current 3-1 Month Momentum % is -11.48% as of Aug. 03, 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.

Encounter Resources Business Description

Other Exchanges E6H:Germany
Address 1 Alvan Street, Suite 2, Subiaco, Perth, WA, AUS, 6008
Encounter Resources Ltd is a mineral exploration company focus is on discovering copper and critical mineral deposits in Australia. It is engaged in generation, mineral exploration and project development in Western Australia and the Northern Territory, including the Company's Aileron Project in the West Arunta, Western Australia, and the Sandover copper project in the Northern Territory.
30GF Score

Get the complete analysis for ASX:ENR

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.23
Price