MRIRF (Route 109 Resources) 3-1 Month Momentum %: -57.50% (As of Aug. 17, 2026)

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What is Route 109 Resources 3-1 Month Momentum %?

Route 109 Resources MRIRF 3-1 Month Momentum % is -57.50% as of Aug. 17, 2026. Among 2,532 Metals & Mining companies, Route 109 Resources ranks worse than 93.96% 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 (2026-08-17), Route 109 Resources's 3-1 Month Momentum % is -57.50%.

The industry rank for Route 109 Resources's 3-1 Month Momentum % or its related term are showing as below:

MRIRF's 3-1 Month Momentum % is ranked worse than
93.96% of 2532 companies
in the Metals & Mining industry
Industry Median: -17.79 vs MRIRF: -57.50

Route 109 Resources  (OTCPK:MRIRF) 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.

Route 109 Resources 3-1 Month Momentum % Related Terms

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

For the Gold subindustry, Route 109 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.

Route 109 Resources 3-1 Month Momentum % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Route 109 Resources's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Route 109 Resources's 3-1 Month Momentum % falls into.


Route 109 Resources  (OTCPK:MRIRF) 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 -57.50% mean?
Route 109 Resources (MRIRF) has a 3-1 Month Momentum % of -57.50% as of Aug. 17, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Route 109 Resources and its competitors. According to the industry distribution chart, Route 109 Resources ranks #2379 out of 2532 companies in the Metals & Mining industry, placing it in the top 94%.
Is Route 109 Resources' 3-1 Month Momentum % too high?
Route 109 Resources' current 3-1 Month Momentum % is -57.50%. Based on the distribution chart, Route 109 Resources ranks #2379 out of 2532 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Route 109 Resources' 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Route 109 Resources ranks #2379 out of 2532 companies for 3-1 Month Momentum %. This places Route 109 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 Route 109 Resources and its competitors. Route 109 Resources's current 3-1 Month Momentum % is -57.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Route 109 Resources stock overvalued right now?
Route 109 Resources (MRIRF) has a current 3-1 Month Momentum % of -57.50%. The current 3-1 Month Momentum % is -57.50%. 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 Route 109 Resources (MRIRF), the current 3-1 Month Momentum % is -57.50% as of Aug. 17, 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.

Route 109 Resources Business Description

Other Exchanges 8M0:GermanyRTE:Canada
Address 1185 W. Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4E6
Route 109 Resources Inc is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions of Quebec, Canada. The company operates in one reportable operating segment, being exploration and evaluation of mineral properties in Canada.