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Matsa Resources (ASX:MAT) 6-Month Price Index : 1.56 (As of Jan. 18, 2025)


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What is Matsa 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 (2025-01-18), Matsa Resources's 6-Month Price Index is 1.56.

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

For the Gold subindustry, Matsa 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.

Matsa Resources  (ASX:MAT) 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.

Matsa Resources  (ASX:MAT) 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.

Matsa Resources 6-Month Price Index Related Terms

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Matsa Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Matsa Resources Ltd (ASX:MAT) » Definitions » 6-Month Price Index
Comparable Companies
ASX:NXM ASX:ICL ASX:FAL ASX:AS1 ASX:ARI ASX:ION ASX:ODY ASX:REZ ASX:GPR ASX:ORD SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 MIC:PLZL JSE:GFI AU
Traded in Other Exchanges
KB2:Germany
Address
139 Newcastle Street, Suite 11, Perth, WA, AUS, 6000
Website
https://www.matsa.com.au
Matsa Resources Ltd engages in the operation of mineral exploration. It focuses on gold, nickel, iron, and copper ore assets. It involves in the operation of Lake Carey, Symons Hill, Red October Siam Copper, Paraburdoo and Fortitude North-Exploration projects. It operates through the Australia and Thailand geographical segments, out of which it derives maximum revenue from Australia.