GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maple Gold Mines Ltd (FRA:M3G) » Definitions » 6-Month Price Index

Maple Gold Mines (FRA:M3G) 6-Month Price Index : 1.26 (As of May. 21, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Maple Gold Mines 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 (2024-05-21), Maple Gold Mines's 6-Month Price Index is 1.26.

Competitive Comparison of Maple Gold Mines's 6-Month Price Index

For the Gold subindustry, Maple Gold Mines'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.

Maple Gold Mines  (FRA:M3G) 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.

Maple Gold Mines  (FRA:M3G) 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.

Maple Gold Mines 6-Month Price Index Related Terms

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

Maple Gold Mines (FRA:M3G) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maple Gold Mines Ltd (FRA:M3G) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:VSR TSXV:ALTA TSXV:GAL TSXV:GXS TSXV:CBR TSX:TML TSXV:SUI TSXV:WINS TSXV:AE TSXV:RYR SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
MGMLF:USA MGM:Canada
Address
600 - 1111 West Hastings Street, 6th Floor, Vancouver, BC, CAN, V6E 2J3
Website
https://www.maplegoldmines.com
Maple Gold Mines Ltd is a Canadian advanced exploration company in a 50/50 joint venture with Agnico Eagle Mines Ltd to jointly advance the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. The district-scale property package also hosts a significant number of regional exploration targets along a 55 km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the project ripe for new gold and polymetallic discoveries. Its segment includes mineral exploration in Canada. The company is well-capitalized and is currently focused on carrying out exploration and drill programs to grow resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi.

Maple Gold Mines (FRA:M3G) Headlines

No Headlines