New Age Exploration (ASX:NAE) 3-1 Month Momentum %: 33.33% (As of Aug. 22, 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.

What is New Age Exploration 3-1 Month Momentum %?

New Age Exploration ASX:NAE 3-1 Month Momentum % is 33.33% as of Aug. 22, 2026. The stock has 2 warning signs investors should review. Among 2,528 Metals & Mining companies, New Age Exploration ranks better than 98.06% 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 (2026-08-22), New Age Exploration's 3-1 Month Momentum % is 33.33%.

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

ASX:NAE's 3-1 Month Momentum % is ranked better than
98.06% of 2528 companies
in the Metals & Mining industry
Industry Median: -16.67 vs ASX:NAE: 33.33

New Age Exploration  (ASX:NAE) 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.

New Age Exploration 3-1 Month Momentum % Related Terms

New Age Exploration 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, New Age Exploration'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.

New Age Exploration 3-1 Month Momentum % vs Metals & Mining Industry

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

* The bar in red indicates where New Age Exploration's 3-1 Month Momentum % falls into.


New Age Exploration  (ASX:NAE) 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 33.33% mean?
New Age Exploration (ASX:NAE) has a 3-1 Month Momentum % of 33.33% as of Aug. 22, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on New Age Exploration and its competitors. According to the industry distribution chart, New Age Exploration ranks #49 out of 2528 companies in the Metals & Mining industry, placing it in the top 1.9%.
Is New Age Exploration's 3-1 Month Momentum % too high?
New Age Exploration's current 3-1 Month Momentum % is 33.33%. Based on the distribution chart, New Age Exploration ranks #49 out of 2528 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does New Age Exploration's 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, New Age Exploration ranks #49 out of 2528 companies for 3-1 Month Momentum %. This places New Age Exploration in the top 2% of its industry — outperforming the majority of peers. 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 New Age Exploration and its competitors. New Age Exploration's current 3-1 Month Momentum % is 33.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Age Exploration stock overvalued right now?
New Age Exploration (ASX:NAE) has a current 3-1 Month Momentum % of 33.33%. The current 3-1 Month Momentum % is 33.33%. 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 New Age Exploration (ASX:NAE), the current 3-1 Month Momentum % is 33.33% as of Aug. 22, 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.

New Age Exploration Business Description

Address 480 Collins Street, Level 2, Melbourne, VIC, AUS, 3000
New Age Exploration Ltd is focused on advancing gold exploration projects in the Pilbara Gold district and the South Island of New Zealand, and strengthening efforts to acquire new opportunities that establish shareholder value. The company also owns Pilbara Gold and Lithium Projects-Aus, Central Otago Gold Projects (COGP)-NZ, and Marlborough Project-NZ. Geographically, the group has a business presence in Australia and New Zealand. It generates the majority of revenue from Australia.