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IEGCF (Independence Gold) 6-Month Price Index : 1.16 (As of Dec. 16, 2024)


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What is Independence Gold 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 (2024-12-16), Independence Gold's 6-Month Price Index is 1.16.

Competitive Comparison of Independence Gold's 6-Month Price Index

For the Gold subindustry, Independence Gold'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.

Independence Gold  (OTCPK:IEGCF) 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.

Independence Gold  (OTCPK:IEGCF) 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.

Independence Gold 6-Month Price Index Related Terms

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

Independence Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Independence Gold Corp (OTCPK:IEGCF) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:GPAC XCNQ:TROY TSXV:RSM TSXV:WGO TSXV:BCM TSXV:NPR TSXV:RVG TSXV:EDG TSXV:HMR TSXV:ECR SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
IGO:Canada
Address
625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6
Website
http://www.ingold.ca
Independence Gold Corp is a mineral exploration company. Its holdings range from early-stage grassroots exploration to further resource expansion in British Columbia and Yukon. Its BC properties include 3Ts Project; Merit Property; Nicoamen Property; Anita Property; and Yukon properties include Boulevard Project; Moosehorn Project. It has one segment which is the acquisition, exploration, and evaluation of mineral properties in North America.