Sierra Nevada Gold (ASX:SNX) 3-1 Month Momentum %: 3.03% (As of Aug. 11, 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 Sierra Nevada Gold 3-1 Month Momentum %?

Sierra Nevada Gold ASX:SNX -2.78% 3-1 Month Momentum % is 3.03% as of Aug. 11, 2026. The stock has 1 warning sign investors should review. Among 2,520 Metals & Mining companies, Sierra Nevada Gold ranks better than 85.83% 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 (2026-08-11), Sierra Nevada Gold's 3-1 Month Momentum % is 3.03%.

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

ASX:SNX's 3-1 Month Momentum % is ranked better than
85.83% of 2520 companies
in the Metals & Mining industry
Industry Median: -15.135 vs ASX:SNX: 3.03

Sierra Nevada Gold  (ASX:SNX) 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.


Sierra Nevada Gold 3-1 Month Momentum % Related Terms


ASX:SNX vs NEM, AU, RGLD: 3-1 Month Momentum % Comparison

For the Gold subindustry, Sierra Nevada Gold'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.


Sierra Nevada Gold 3-1 Month Momentum % vs Metals & Mining Industry

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

* The bar in red indicates where Sierra Nevada Gold's 3-1 Month Momentum % falls into.



Sierra Nevada Gold  (ASX:SNX) 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 3.03% mean?
Sierra Nevada Gold (ASX:SNX) has a 3-1 Month Momentum % of 3.03% as of Aug. 11, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Sierra Nevada Gold and its competitors. According to the industry distribution chart, Sierra Nevada Gold ranks #357 out of 2520 companies in the Metals & Mining industry, placing it in the top 14.2%.
Is Sierra Nevada Gold's 3-1 Month Momentum % too high?
Sierra Nevada Gold's current 3-1 Month Momentum % is 3.03%. Based on the distribution chart, Sierra Nevada Gold ranks #357 out of 2520 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Sierra Nevada Gold's 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Sierra Nevada Gold ranks #357 out of 2520 companies for 3-1 Month Momentum %. This places Sierra Nevada Gold in the top 14% 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 Sierra Nevada Gold and its competitors. Sierra Nevada Gold's current 3-1 Month Momentum % is 3.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sierra Nevada Gold stock overvalued right now?
Sierra Nevada Gold (ASX:SNX) has a current 3-1 Month Momentum % of 3.03%. The current 3-1 Month Momentum % is 3.03%. 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 Sierra Nevada Gold (ASX:SNX), the current 3-1 Month Momentum % is 3.03% as of Aug. 11, 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.

Sierra Nevada Gold Business Description

Other Exchanges L54:Germany
Address 5470 Louie Lane, Suite 101, Reno, NV, USA, 89511
Sierra Nevada Gold Inc is engaged in the acquisition and exploration of precious and base metal projects in Nevada, USA, in prospective mineral trends. It is exploring several fully controlled projects in Nevada, comprising four gold and silver projects and a large copper-gold porphyry project, all of which represent discovery opportunities. The company's project portfolio comprises the Blackhawk, Colorback, Warrior, New Pass, and other projects. The company has one operating segment, being mineral exploration within the state of Nevada, United States of America.