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Labyrinth Resources (ASX:LRL) 6-Month Price Index : 7.82 (As of Dec. 14, 2024)


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What is Labyrinth Resources 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-12-14), Labyrinth Resources's 6-Month Price Index is 7.82.

Competitive Comparison of Labyrinth Resources's 6-Month Price Index

For the Gold subindustry, Labyrinth Resources's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.

Labyrinth Resources  (ASX:LRL) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

Labyrinth Resources  (ASX:LRL) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Labyrinth Resources 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Labyrinth Resources's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Labyrinth Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Labyrinth Resources Ltd (ASX:LRL) » Definitions » 6-Month Price Index
Comparable Companies
ASX:YRL ASX:RND ASX:PTN ASX:DLI ASX:BCN ASX:MDX ASX:POL ASX:TTM ASX:LSX ASX:AAR SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV JSE:GFI SHSE:600547 MIC:PLZL ASX:NST
Traded in Other Exchanges
N/A
Address
460 Roberts Road, Suite 5, Level 1, Subiaco, Perth, WA, AUS, 6008
Website
https://www.labyrinthresources.com
Labyrinth Resources Ltd is an Australian company engaged in producing gold from mining and processing surface and underground resources and investments. Its projects include the Comet Vale project, Denain Project, Labyrinth Gold Project, Vivien Gold Project, Lang Well project, and Golden Lode project. The company is organized into one operating segment: gold exploration and evaluation.

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