MKNGF (Mkango Resources) 6-Month Price Index : 2.01 (As of Apr. 25, 2025)

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

What is Mkango 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 (2025-04-25), Mkango Resources's 6-Month Price Index is 2.01.

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

For the Other Industrial Metals & Mining subindustry, Mkango 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.

Mkango Resources (OTCPK:MKNGF) 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.

Mkango Resources (OTCPK:MKNGF) 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.

Mkango Resources 6-Month Price Index Related Terms

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

Mkango Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mkango Resources Ltd (OTCPK:MKNGF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

MKA:UK ZMK:Germany MKA:Canada

Address

550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3

Website

https://www.mkango.ca

Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The Company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.