Piche Resources (ASX:PR2) 3-1 Month Momentum %: -43.75% (As of Aug. 06, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Piche Resources 3-1 Month Momentum %?

Piche Resources ASX:PR2 -4.35% 3-1 Month Momentum % is -43.75% as of Aug. 06, 2026. Among 2,513 Metals & Mining companies, Piche Resources ranks worse than 98.13% 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 (2026-08-06), Piche Resources's 3-1 Month Momentum % is -43.75%.

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

ASX:PR2's 3-1 Month Momentum % is ranked worse than
98.13% of 2513 companies
in the Metals & Mining industry
Industry Median: -11.11 vs ASX:PR2: -43.75

Piche Resources  (ASX:PR2) 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.

Piche Resources 3-1 Month Momentum % Related Terms

Piche Resources 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Piche 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.

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

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

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


Piche Resources  (ASX:PR2) 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 -43.75% mean?
Piche Resources (ASX:PR2) has a 3-1 Month Momentum % of -43.75% as of Aug. 06, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Piche Resources and its competitors. According to the industry distribution chart, Piche Resources ranks #2466 out of 2513 companies in the Metals & Mining industry, placing it in the top 98.1%.
Is Piche Resources' 3-1 Month Momentum % too high?
Piche Resources' current 3-1 Month Momentum % is -43.75%. Based on the distribution chart, Piche Resources ranks #2466 out of 2513 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Piche Resources' 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Piche Resources ranks #2466 out of 2513 companies for 3-1 Month Momentum %. This places Piche 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 Piche Resources and its competitors. Piche Resources's current 3-1 Month Momentum % is -43.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piche Resources stock overvalued right now?
Piche Resources (ASX:PR2) has a current 3-1 Month Momentum % of -43.75%. The current 3-1 Month Momentum % is -43.75%. 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 Piche Resources (ASX:PR2), the current 3-1 Month Momentum % is -43.75% as of Aug. 06, 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.

Piche Resources Business Description

Other Exchanges U8J:Germany
Address 225 Street Georges Terrace, Level 4, Perth, WA, AUS, 6000
Piche Resources Ltd is a mineral exploration company, focusing on the exploration of uranium, as well as other precious and base metals, including gold, silver, copper, lead, zinc, and rare earth elements (REEs) in Western Australia and Argentina. The company owns a suite of seven granted exploration licences in Western Australia, covering four projects, namely Ashburton, GascoyneMinindi, Abydos and Beasley Creek. In Argentina, the company owns 10 granted mining concessions and 18 applications for mining concessions covering two projects, Sierra Cuadrada and Cerro Chacon.