NDMCF (New Destiny Mining) 3-1 Month Momentum %: 183.19% (As of Aug. 17, 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 New Destiny Mining 3-1 Month Momentum %?

New Destiny Mining NDMCF 3-1 Month Momentum % is 183.19% as of Aug. 17, 2026. The stock has 2 warning signs investors should review. Among 2,532 Metals & Mining companies, New Destiny Mining ranks worse than 88.78% 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), New Destiny Mining's 3-1 Month Momentum % is 183.19%.

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

NDMCF's 3-1 Month Momentum % is ranked worse than
88.78% of 2532 companies
in the Metals & Mining industry
Industry Median: -17.79 vs NDMCF: 183.19

New Destiny Mining  (OTCPK:NDMCF) 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.

New Destiny Mining 3-1 Month Momentum % Related Terms

New Destiny Mining 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, New Destiny Mining'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.

New Destiny Mining 3-1 Month Momentum % vs Metals & Mining Industry

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

* The bar in red indicates where New Destiny Mining's 3-1 Month Momentum % falls into.


New Destiny Mining  (OTCPK:NDMCF) 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 183.19% mean?
New Destiny Mining (NDMCF) has a 3-1 Month Momentum % of 183.19% 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 New Destiny Mining and its competitors. According to the industry distribution chart, New Destiny Mining ranks #2248 out of 2532 companies in the Metals & Mining industry, placing it in the top 88.8%.
Is New Destiny Mining's 3-1 Month Momentum % too high?
New Destiny Mining's current 3-1 Month Momentum % is 183.19%. Based on the distribution chart, New Destiny Mining ranks #2248 out of 2532 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does New Destiny Mining's 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, New Destiny Mining ranks #2248 out of 2532 companies for 3-1 Month Momentum %. This places New Destiny Mining 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 New Destiny Mining and its competitors. New Destiny Mining's current 3-1 Month Momentum % is 183.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Destiny Mining stock overvalued right now?
New Destiny Mining (NDMCF) has a current 3-1 Month Momentum % of 183.19%. The current 3-1 Month Momentum % is 183.19%. 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 New Destiny Mining (NDMCF), the current 3-1 Month Momentum % is 183.19% 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.

New Destiny Mining Business Description

Other Exchanges 6ND1:GermanyNED:Canada
Address 888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
New Destiny Mining Corp is a junior mineral exploration company engaged in the business of acquiring, exploring, and evaluating mineral properties. Its project consists of the Treasure Mountain Property located to the east of Hope, British Columbia. It develops and mines polymetallic (silver, gold, lead, zinc, copper and / or molybdenum) deposits.