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Nexus Gold (Nexus Gold) 6-Month Price Index : 0.50 (As of May. 17, 2024)


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What is Nexus 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 (2024-05-17), Nexus Gold's 6-Month Price Index is 0.50.

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

For the Gold subindustry, Nexus 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.

Nexus Gold  (OTCPK:NXSGF) 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.

Nexus Gold  (OTCPK:NXSGF) 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.

Nexus Gold 6-Month Price Index Related Terms

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

Nexus Gold (Nexus Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nexus Gold Corp (OTCPK:NXSGF) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:GIG XCNQ:MAKA XCNQ:NATN TSXV:AORO XCNQ:CRVC TSXV:CSL.H XCNQ:TGII TSXV:HVG TSXV:ALM TSXV:ADG.H SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
GH00:Germany NXS:Canada
Address
750 West Pender Street, Suite 802, Vancouver, BC, CAN, V6C 2T8
Website
https://www.nxs.gold
Nexus Gold Corp is a Canadian-based company with a portfolio of ten exploration projects in West Africa and Canada. The West African-based portfolio totals five projects located on active gold belts and mineralized trends, while its 100% owned Canadian projects include the flagship McKenzie Gold Project in Red Lake, Ontario. The company is focused on developing several core assets while seeking joint-venture, earn-in, and strategic partnerships for other projects in its growing portfolio.