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Engineer Gold Mines (TSXV:EAU) 6-1 Month Momentum % : N/A% (As of Dec. 16, 2024)


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What is Engineer Gold Mines 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-12-16), Engineer Gold Mines's 6-1 Month Momentum % is N/A%.

The industry rank for Engineer Gold Mines's 6-1 Month Momentum % or its related term are showing as below:

TSXV:EAU's 6-1 Month Momentum % is not ranked *
in the Metals & Mining industry.
Industry Median: -11.43
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Engineer Gold Mines's 6-1 Month Momentum %

For the Gold subindustry, Engineer Gold Mines's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.


Engineer Gold Mines's 6-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Engineer Gold Mines's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Engineer Gold Mines's 6-1 Month Momentum % falls into.



Engineer Gold Mines  (TSXV:EAU) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.


Engineer Gold Mines  (TSXV:EAU) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.


Engineer Gold Mines 6-1 Month Momentum % Related Terms

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Engineer Gold Mines Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 804, Vancouver, BC, CAN, V6C 2T7
Engineer Gold Mines Ltd is an exploration-stage junior mining company. The firm is engaged in the identification, acquisition, and exploration of mineral properties. Its project includes Engineer Gold Mine project.
Executives
Christopher Huggins Director, Senior Officer
James Frances Gerard Callaghan 10% Security Holder

Engineer Gold Mines Headlines

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