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GSMGF (Indiana Resources) 6-Month Price Index : 0.36 (As of Dec. 15, 2024)


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What is Indiana 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 (2024-12-15), Indiana Resources's 6-Month Price Index is 0.36.

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

For the Other Precious Metals & Mining subindustry, Indiana 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.

Indiana Resources  (OTCPK:GSMGF) 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.

Indiana Resources  (OTCPK:GSMGF) 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.

Indiana Resources 6-Month Price Index Related Terms

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

Indiana Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Indiana Resources Ltd (OTCPK:GSMGF) » Definitions » 6-Month Price Index
Comparable Companies
ASX:SPD ASX:CNB ASX:RDN ASX:CEL ASX:PTR ASX:FEG ASX:NWF ASX:MMA ASX:TLM ASX:XAM ISX:AMMN JSE:AMS SZSE:000975 LSE:FRES JSE:IMP ISX:MBMA HL MIC:ALRS TSX:TFPM LIM:BUENAVC1
Traded in Other Exchanges
GDM:Germany IDA:Australia
Address
22 Ware Street, Level 9, Thebarton, SA, AUS, 5031
Website
https://www.indianaresources.com.au
Indiana Resources Ltd is an Australian-based exploration company focused on advancing a portfolio of tenements, which include rare earths, gold and base metals, in the prospective Central Gawler Craton Province in South Australia. It shows an interest in projects which consist of Lake Labyrinth Shear Zone, Double Dutch, Earea Dam and Boomerang. The Group's exploration activities take place solely in South Australia.

Indiana Resources Headlines

From GuruFocus

Indiana Resources Ltd at 121 Mining Investment London Conference Transcript

By GuruFocus Research • 02-13-2024