TGNMF (Tungsten Mining NL) 3-1 Month Momentum %: -31.28% (As of Aug. 15, 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.

TGNMF Tungsten Mining NL TGNMF
14 GF Score
Price $0.20
! 3 Warning Signs
View Full Analysis

What is Tungsten Mining NL 3-1 Month Momentum %?

Tungsten Mining NL TGNMF 14 3-1 Month Momentum % is -31.28% as of Aug. 15, 2026. GuruFocus rates TGNMF with a GF Score™ of 14/100. The stock has 3 warning signs investors should review. Among 2,540 Metals & Mining companies, Tungsten Mining NL ranks better than 62.2% 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 (2026-08-15), Tungsten Mining NL's 3-1 Month Momentum % is -31.28%.

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

TGNMF's 3-1 Month Momentum % is ranked better than
62.2% of 2540 companies
in the Metals & Mining industry
Industry Median: -19.05 vs TGNMF: -31.28

Tungsten Mining NL  (OTCPK:TGNMF) 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.


Tungsten Mining NL 3-1 Month Momentum % Related Terms


Tungsten Mining NL 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Tungsten Mining NL'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.


Tungsten Mining NL 3-1 Month Momentum % vs Metals & Mining Industry

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

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


TGNMF
14GF Score
Tungsten Mining NL TGNMF
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tungsten Mining NL  (OTCPK:TGNMF) 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 -31.28% mean?
Tungsten Mining NL (TGNMF) has a 3-1 Month Momentum % of -31.28% as of Aug. 15, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Tungsten Mining NL and its competitors. According to the industry distribution chart, Tungsten Mining NL ranks #960 out of 2540 companies in the Metals & Mining industry, placing it in the top 37.8%.
Is Tungsten Mining NL's 3-1 Month Momentum % too high?
Tungsten Mining NL's current 3-1 Month Momentum % is -31.28%. Based on the distribution chart, Tungsten Mining NL ranks #960 out of 2540 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Tungsten Mining NL has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Tungsten Mining NL's 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Tungsten Mining NL ranks #960 out of 2540 companies for 3-1 Month Momentum %. This puts Tungsten Mining NL in the upper 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 Tungsten Mining NL and its competitors. Tungsten Mining NL's current 3-1 Month Momentum % is -31.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tungsten Mining NL stock overvalued right now?
Tungsten Mining NL (TGNMF) has a current 3-1 Month Momentum % of -31.28%. The current 3-1 Month Momentum % is -31.28%. Tungsten Mining NL's overall GF Score™ is 14/100 with 3 warning signs 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 Tungsten Mining NL (TGNMF), the current 3-1 Month Momentum % is -31.28% as of Aug. 15, 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.

Tungsten Mining NL Business Description

Other Exchanges TU3:GermanyTGN:Australia
Address 46 Colin Street, Level 4, West Perth, Perth, WA, AUS, 6005
Tungsten Mining NL is engaged in mineral exploration. The company is focused on the exploration and development of tungsten projects in Australia. Its projects include Mt Mulgine, Watershed, Kilba, Hatches Creek and Mineral Resources.
14GF Score

Get the complete analysis for TGNMF

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.20
Price