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PT Merdeka Gold Resources TbkISX:EMAS +2.36%1 3-1 Month Momentum % is -34.56% as of Aug. 07, 2026. GuruFocus rates ISX:EMAS with a GF Score™ of 1/100. The stock has 1 warning sign investors should review. Among 2,513 Metals & Mining companies, PT Merdeka Gold Resources Tbk ranks worse than 85.71% 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), PT Merdeka Gold Resources Tbk's 3-1 Month Momentum % is -34.56%.
The industry rank for PT Merdeka Gold Resources Tbk's 3-1 Month Momentum % or its related term are showing as below:
ISX:EMAS's 3-1 Month Momentum % is ranked worse than 85.71% of 2513
companies
in the Metals & Mining industry
Industry Median: -11.11
vs ISX:EMAS: -34.56
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.
ISX:EMAS vs NEM, AU, RGLD: 3-1 Month Momentum % Comparison
For the Gold subindustry, PT Merdeka Gold Resources Tbk'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.
PT Merdeka Gold Resources Tbk 3-1 Month Momentum % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Merdeka Gold Resources Tbk's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where PT Merdeka Gold Resources Tbk's 3-1 Month Momentum % falls into.
* 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.
PT Merdeka Gold Resources Tbk (ISX:EMAS) has a 3-1 Month Momentum % of -34.56% 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 PT Merdeka Gold Resources Tbk and its competitors. According to the industry distribution chart, PT Merdeka Gold Resources Tbk ranks #2154 out of 2513 companies in the Metals & Mining industry, placing it in the top 85.7%.
Is PT Merdeka Gold Resources Tbk's 3-1 Month Momentum % too high?
PT Merdeka Gold Resources Tbk's current 3-1 Month Momentum % is -34.56%. Based on the distribution chart, PT Merdeka Gold Resources Tbk ranks #2154 out of 2513 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, PT Merdeka Gold Resources Tbk has a GF Score™ of 1/100, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Gold Resources Tbk's 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, PT Merdeka Gold Resources Tbk ranks #2154 out of 2513 companies for 3-1 Month Momentum %. This places PT Merdeka Gold Resources Tbk 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 PT Merdeka Gold Resources Tbk and its competitors. PT Merdeka Gold Resources Tbk's current 3-1 Month Momentum % is -34.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Gold Resources Tbk stock overvalued right now?
PT Merdeka Gold Resources Tbk (ISX:EMAS) has a current 3-1 Month Momentum % of -34.56%. The current 3-1 Month Momentum % is -34.56%. PT Merdeka Gold Resources Tbk's overall GF Score™ is 1/100 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 PT Merdeka Gold Resources Tbk (ISX:EMAS), the current 3-1 Month Momentum % is -34.56% 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.
PT Merdeka Gold Resources Tbk operates as a holding company overseeing a group engaged in gold mining and associated minerals, processing operations, and other vertically integrated related activities. Its products include gold products in the form of semi-finished gold bars produced from gold mining and ore processing activities, by-products derived from the gold processing activities, including silver contained in the dore bullion, integrated mining services and activities, covering exploration, mining, processing, and initial refining activities conducted through EMAS Group, and supporting mining-related services, including mine management, mining infrastructure, and other related activities within a vertically integrated value chain. It operates in single segment.
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