FRGGF (Forge Resources) 3-1 Month Momentum %: -21.12% (As of Aug. 07, 2026)

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FRGGF Forge Resources Corp FRGGF
27 GF Score
Price $0.23
! 1 Warning Sign
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What is Forge Resources 3-1 Month Momentum %?

Forge Resources FRGGF 27 3-1 Month Momentum % is -21.12% as of Aug. 07, 2026. GuruFocus rates FRGGF with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 2,513 Metals & Mining companies, Forge Resources ranks worse than 54.08% 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 (2026-08-07), Forge Resources's 3-1 Month Momentum % is -21.12%.

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

FRGGF's 3-1 Month Momentum % is ranked worse than
54.08% of 2513 companies
in the Metals & Mining industry
Industry Median: -11.11 vs FRGGF: -21.12

Forge Resources  (OTCPK:FRGGF) 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.


Forge Resources 3-1 Month Momentum % Related Terms


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

For the Gold subindustry, Forge 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.


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

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

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


FRGGF
27GF Score
Forge Resources Corp FRGGF
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forge Resources  (OTCPK:FRGGF) 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 -21.12% mean?
Forge Resources (FRGGF) has a 3-1 Month Momentum % of -21.12% as of Aug. 07, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Forge Resources and its competitors. According to the industry distribution chart, Forge Resources ranks #1359 out of 2513 companies in the Metals & Mining industry, placing it in the top 54.1%.
Is Forge Resources' 3-1 Month Momentum % too high?
Forge Resources' current 3-1 Month Momentum % is -21.12%. Based on the distribution chart, Forge Resources ranks #1359 out of 2513 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Forge Resources has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Forge Resources' 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Forge Resources ranks #1359 out of 2513 companies for 3-1 Month Momentum %. This places Forge 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 Forge Resources and its competitors. Forge Resources's current 3-1 Month Momentum % is -21.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Resources stock overvalued right now?
Forge Resources (FRGGF) has a current 3-1 Month Momentum % of -21.12%. The current 3-1 Month Momentum % is -21.12%. Forge Resources' overall GF Score™ is 27/100 with 1 warning sign 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 Forge Resources (FRGGF), the current 3-1 Month Momentum % is -21.12% as of Aug. 07, 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.

Forge Resources Business Description

Other Exchanges 5YZ:GermanyFRG:Canada
Address 1050 - 12471 Horseshoe Way, Richmond, BC, CAN, V7A 4X6
Forge Resources Corp is engaged in the exploration and development of natural resource properties in Canada and Colombia. The Company operates in one reportable operating segment, being the acquisition, exploration, and development of exploration and evaluation assets. Its projects include the La Estrella Project in Santander, Colombia, and the Alotta Property in Yukon, Canada.
27GF 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.

$0.23
Price