SLMLF (Apex Resources) 3-1 Month Momentum %: 52.78% (As of Jul. 14, 2026)

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What is Apex Resources 3-1 Month Momentum %?

Apex Resources SLMLF -1.23% 3-1 Month Momentum % is 52.78% as of Jul. 14, 2026. Among 2,544 Metals & Mining companies, Apex Resources ranks worse than 61.64% 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 (2026-07-14), Apex Resources's 3-1 Month Momentum % is 52.78%.

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

SLMLF's 3-1 Month Momentum % is ranked worse than
61.64% of 2544 companies
in the Metals & Mining industry
Industry Median: -11.445 vs SLMLF: 52.78

Apex Resources  (OTCPK:SLMLF) 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.

Apex Resources 3-1 Month Momentum % Related Terms

Apex Resources 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Apex 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.

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

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

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


Apex Resources  (OTCPK:SLMLF) 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 52.78% mean?
Apex Resources (SLMLF) has a 3-1 Month Momentum % of 52.78% as of Jul. 14, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Apex Resources and its competitors. According to the industry distribution chart, Apex Resources ranks #1568 out of 2544 companies in the Metals & Mining industry, placing it in the top 61.6%.
Is Apex Resources' 3-1 Month Momentum % too high?
Apex Resources' current 3-1 Month Momentum % is 52.78%. Based on the distribution chart, Apex Resources ranks #1568 out of 2544 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Apex Resources' 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Apex Resources ranks #1568 out of 2544 companies for 3-1 Month Momentum %. This places Apex 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 Apex Resources and its competitors. Apex Resources's current 3-1 Month Momentum % is 52.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Resources stock overvalued right now?
Apex Resources (SLMLF) has a current 3-1 Month Momentum % of 52.78%. The current 3-1 Month Momentum % is 52.78%. 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 Apex Resources (SLMLF), the current 3-1 Month Momentum % is 52.78% as of Jul. 14, 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.

Apex Resources Business Description

Other Exchanges RZN1:GermanyAPX:Canada
Address 625 Howe Street, Suite 615, Vancouver, BC, CAN, V6C 2T6
Apex Resources Inc is in the exploration stage, and its principal business activity is the exploration and evaluation of mineral properties in Canada and USA. The company is in the process of exploring and evaluating its mineral properties. The company has interests in the Lithium Creek Project, the Jersey-Emerald property, and Ore Hill.