Canstar Resources (TSXV:ROX) 3-1 Month Momentum %: 4.76% (As of Aug. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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 Canstar Resources 3-1 Month Momentum %?

Canstar Resources TSXV:ROX -14.29% 3-1 Month Momentum % is 4.76% as of Aug. 20, 2026. The stock has 2 warning signs investors should review. Among 2,525 Metals & Mining companies, Canstar Resources ranks better than 74.85% 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 (2026-08-20), Canstar Resources's 3-1 Month Momentum % is 4.76%.

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

TSXV:ROX's 3-1 Month Momentum % is ranked better than
74.85% of 2525 companies
in the Metals & Mining industry
Industry Median: -16.04 vs TSXV:ROX: 4.76

Canstar Resources  (TSXV:ROX) 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.

Canstar Resources 3-1 Month Momentum % Related Terms

Canstar Resources 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Canstar 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.

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

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

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


Canstar Resources  (TSXV:ROX) 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 4.76% mean?
Canstar Resources (TSXV:ROX) has a 3-1 Month Momentum % of 4.76% as of Aug. 20, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Canstar Resources and its competitors. According to the industry distribution chart, Canstar Resources ranks #635 out of 2525 companies in the Metals & Mining industry, placing it in the top 25.1%.
Is Canstar Resources' 3-1 Month Momentum % too high?
Canstar Resources' current 3-1 Month Momentum % is 4.76%. Based on the distribution chart, Canstar Resources ranks #635 out of 2525 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Canstar Resources' 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Canstar Resources ranks #635 out of 2525 companies for 3-1 Month Momentum %. This puts Canstar Resources 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 Canstar Resources and its competitors. Canstar Resources's current 3-1 Month Momentum % is 4.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canstar Resources stock overvalued right now?
Canstar Resources (TSXV:ROX) has a current 3-1 Month Momentum % of 4.76%. The current 3-1 Month Momentum % is 4.76%. 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 Canstar Resources (TSXV:ROX), the current 3-1 Month Momentum % is 4.76% as of Aug. 20, 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.

Canstar Resources Business Description

Other Exchanges CSRNF:USA
Address 220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4
Canstar Resources Inc is focused on creating shareholder value through the discovery and development of economic mineral deposits in Newfoundland and Labrador, Canada. The company has interest in the Golden Baie Project in south-central Newfoundland and Buchans-Mary March project and other mineral exploration properties in Newfoundland.