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

Silver Range Resources (Silver Range Resources) 6-Month Price Index : 0.83 (As of Jun. 09, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Silver Range 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 (2024-06-09), Silver Range Resources's 6-Month Price Index is 0.83.


Competitive Comparison of Silver Range Resources's 6-Month Price Index

For the Other Precious Metals & Mining subindustry, Silver Range 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.


Silver Range Resources  (OTCPK:SLRRF) 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.


Silver Range Resources  (OTCPK:SLRRF) 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.


Silver Range Resources 6-Month Price Index Related Terms

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


Silver Range Resources (Silver Range Resources) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6
Silver Range Resources Ltd is a project generator focused on high-grade precious metal projects in Northern Canada and Nevada. It is engaged in the business of exploring for metals and minerals with an emphasis on silver, zinc, and lead. The company has acquired various mineral properties located in Nunavut and the Northwest Territories, Canada and Nevada, USA. Its mineral projects include the Silver Range project, Michelle, Mel, and the Barb properties. The Company operates in one reportable operating segment being the acquisition, exploration, and evaluation of mineral properties in Canada and the USA.