GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orosur Mining Inc (LSE:OMI) » Definitions » 6-Month Price Index

Orosur Mining (LSE:OMI) 6-Month Price Index : 1.40 (As of Jun. 19, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Orosur Mining 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 (2024-06-19), Orosur Mining's 6-Month Price Index is 1.40.


Competitive Comparison of Orosur Mining's 6-Month Price Index

For the Gold subindustry, Orosur Mining'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.


Orosur Mining  (LSE:OMI) 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.


Orosur Mining  (LSE:OMI) 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.


Orosur Mining 6-Month Price Index Related Terms

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


Orosur Mining (LSE:OMI) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, 1st Floor, Toronto, ON, CAN, M5C 1P1
Orosur Mining Inc is a South American-focused gold development and exploration company. In Colombia, the company wholly owns the Anza exploration gold project located in the Middle Cauca Belt in Antioquia, Colombia which hosts such projects as Buritica, Titiribi, Marmato and La Colosa. The company is only engaged in the Ariquemes Project located in Brazil, and the El Pantano Project located in Argentina. The segment additionally includes the evaluation of mining asset acquisitions throughout Latin America.