Ariana Resources (FRA:4A6) 6-Month Price Index : 1.19 (As of Jun. 13, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Ariana 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 (2024-06-13), Ariana Resources's 6-Month Price Index is 1.19.

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

For the Gold subindustry, Ariana 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.

Ariana Resources (FRA:4A6) 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.

Ariana Resources (FRA:4A6) 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.

Ariana Resources 6-Month Price Index Related Terms

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

Ariana Resources (FRA:4A6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ariana Resources PLC (FRA:4A6) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

AAU.GB:UK AAU:UK

Address

45 King William Street, 2nd Floor, Regis House, London, GBR, EC4R 9AN

Website

https://www.arianaresources.com

Ariana Resources PLC involves in the acquisition, exploration, and development of gold and technology metals in Turkey and Australia. The company along with its subsidiaries focuses on the Red Rabbit Gold Project located in western Turkey and has the Salinbas,Tavsan, Ivrindi and other projects. The group currently identifies one division as an operating segment: mineral exploration. The activities for this operating segment are as follows: Mineral exploration: incorporates the acquisition, exploration and development of mineral resources. Reconciling items include non mineral exploration costs and transactions between Group and associate companies. Its geographical segments include the United Kingdom and Turkey.

Ariana Resources (FRA:4A6) Headlines

No Headlines