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TORXF (Torex Gold Resources) 6-Month Price Index : 1.28 (As of Dec. 14, 2024)


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What is Torex Gold 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 (2024-12-14), Torex Gold Resources's 6-Month Price Index is 1.28.

Competitive Comparison of Torex Gold Resources's 6-Month Price Index

For the Gold subindustry, Torex Gold 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.

Torex Gold Resources  (OTCPK:TORXF) 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.

Torex Gold Resources  (OTCPK:TORXF) 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.

Torex Gold Resources 6-Month Price Index Related Terms

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Torex Gold Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torex Gold Resources Inc (OTCPK:TORXF) » Definitions » 6-Month Price Index
Comparable Companies
TSX:SSL TSX:DPM TSX:KNT TSX:NGD TSX:OGC TSX:FVI TSX:OLA TSXV:ARTG TSX:CXB TSX:CG SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV JSE:GFI SHSE:600547 MIC:PLZL ASX:NST
Traded in Other Exchanges
TXG1:Mexico 0VL5:UK 73GN:Germany 73GN:Germany TXG:Canada
Address
130 King Street West, Suite 740, Exchange Tower, Toronto, ON, CAN, M5X 2A2
Website
https://www.torexgold.com
Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project.