GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xtract Resources PLC (STU:R9XN) » Definitions » 6-Month Price Index

Xtract Resources (STU:R9XN) 6-Month Price Index : 0.67 (As of May. 17, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Xtract 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 (2024-05-17), Xtract Resources's 6-Month Price Index is 0.67.


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

For the Gold subindustry, Xtract 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.


Xtract Resources  (STU:R9XN) 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.


Xtract Resources  (STU:R9XN) 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.


Xtract Resources 6-Month Price Index Related Terms

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


Xtract Resources (STU:R9XN) Business Description

Traded in Other Exchanges
Address
7/8 Kendrick Mews, 1st Floor, South Kensington, London, GBR, SW7 3HG
Xtract Resources PLC is a resource, development, & mining company focused on acquiring brownfield resource projects with a view to releasing value for its shareholders. It is currently focused on the Manica Gold Project & Manica Alluvials Project in Mozambique, Eureka Copper Project, and Kalengwa Processing Copper Project in Zambia. The company generates revenues from the sales of gold bars. Its operating segment includes the Operating gold mining segment in Mozambique, Mine Development in Mozambique, Exploration, Investment & other, and Alluvial Gold Mining Production. The majority of revenue is from the Alluvial Gold Mining Production segment.

Xtract Resources (STU:R9XN) Headlines

No Headlines