Sabre Gold Mines (Sabre Gold Mines) 12-1 Month Momentum %

: -44.02% (As of Today)

View and export this data going back to 2006. Start your Free Trial

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-24), Sabre Gold Mines's 12-1 Month Momentum % is -44.02%.

The industry rank for Sabre Gold Mines's 12-1 Month Momentum % or its related term are showing as below:

SGLDF's 12-1 Month Momentum % is ranked worse than
62.51% of 2598 companies
in the Metals & Mining industry
Industry Median: -33.33 vs SGLDF: -44.02

Competitive Comparison

For the Gold subindustry, Sabre Gold Mines's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.

Sabre Gold Mines 12-1 Month Momentum % Distribution

For the Metals & Mining industry and Basic Materials sector, Sabre Gold Mines's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sabre Gold Mines's 12-1 Month Momentum % falls into.

Sabre Gold Mines (OTCPK:SGLDF) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-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.

Sabre Gold Mines (OTCPK:SGLDF) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.

Sabre Gold Mines 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Sabre Gold Mines's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sabre Gold Mines (Sabre Gold Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sabre Gold Mines Corp (OTCPK:SGLDF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

7AZ:Germany SGLD:Canada

Address

200 Burrard Street, Suite 250, Vancouver, BC, CAN, V6C 3L6

Website

https://www.sabre.gold

Sabre Gold Mines Corp is a mineral exploration and development company currently focused on advancing the fully permitted past-producing Copperstone mine and on the past-producing Brewery Creek mine. Its project is situated within the Arizona portion of the Prolific Walker Lane Belt in the Southwestern United States. It operates Gold Mine in La Paz County, Arizona, United States, and the Brewery Creek property in the Yukon, Canada.