Theta Gold Mines (FRA:3LM) 3-1 Month Momentum %: 13.11% (As of Aug. 12, 2026)

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FRA:3LM Theta Gold Mines Ltd FRA:3LM
39 GF Score
Price €0.11
! 2 Warning Signs
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What is Theta Gold Mines 3-1 Month Momentum %?

Theta Gold Mines FRA:3LM +1.94% 39 3-1 Month Momentum % is 13.11% as of Aug. 12, 2026. GuruFocus rates FRA:3LM with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 2,533 Metals & Mining companies, Theta Gold Mines ranks better than 55.74% 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 (2026-08-12), Theta Gold Mines's 3-1 Month Momentum % is 13.11%.

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

FRA:3LM's 3-1 Month Momentum % is ranked better than
55.74% of 2533 companies
in the Metals & Mining industry
Industry Median: -16.67 vs FRA:3LM: 13.11

Theta Gold Mines  (FRA:3LM) 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.


Theta Gold Mines 3-1 Month Momentum % Related Terms


FRA:3LM vs NEM, AU: 3-1 Month Momentum % Comparison

For the Gold subindustry, Theta Gold Mines'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.


Theta Gold Mines 3-1 Month Momentum % vs Metals & Mining Industry

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

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


FRA:3LM
39GF Score
Theta Gold Mines Ltd FRA:3LM
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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Theta Gold Mines  (FRA:3LM) 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 13.11% mean?
Theta Gold Mines (FRA:3LM) has a 3-1 Month Momentum % of 13.11% as of Aug. 12, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Theta Gold Mines and its competitors. According to the industry distribution chart, Theta Gold Mines ranks #1121 out of 2533 companies in the Metals & Mining industry, placing it in the top 44.3%.
Is Theta Gold Mines' 3-1 Month Momentum % too high?
Theta Gold Mines' current 3-1 Month Momentum % is 13.11%. Based on the distribution chart, Theta Gold Mines ranks #1121 out of 2533 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Theta Gold Mines has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Theta Gold Mines' 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Theta Gold Mines ranks #1121 out of 2533 companies for 3-1 Month Momentum %. This puts Theta Gold Mines 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 Theta Gold Mines and its competitors. Theta Gold Mines's current 3-1 Month Momentum % is 13.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theta Gold Mines stock overvalued right now?
Theta Gold Mines (FRA:3LM) has a current 3-1 Month Momentum % of 13.11%. The current 3-1 Month Momentum % is 13.11%. Theta Gold Mines' overall GF Score™ is 39/100 with 2 warning signs to review. 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 Theta Gold Mines (FRA:3LM), the current 3-1 Month Momentum % is 13.11% as of Aug. 12, 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.

Theta Gold Mines Business Description

Other Exchanges TGMGF:USATGM:Australia
Address 100 Barangaroo Avenue, Suite 80, Level 35 (ServCorp), International Tower One, Sydney, NSW, AUS, 2000
Theta Gold Mines Ltd is a gold exploration and development company. The company holds gold assets in the South African gold mining region. The projects of the company include the TGME Project near the historic gold mining town of Pilgrims Rest in Mpumalanga Province, and other projects.
39GF Score

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

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