GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bitterroot Resources Ltd (TSXV:BTT) » Definitions » 6-Month Price Index

Bitterroot Resources (TSXV:BTT) 6-Month Price Index : 1.20 (As of Jun. 04, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Bitterroot 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 (2024-06-04), Bitterroot Resources's 6-Month Price Index is 1.20.


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

For the Other Industrial Metals & Mining subindustry, Bitterroot 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.


Bitterroot Resources  (TSXV:BTT) 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.


Bitterroot Resources  (TSXV:BTT) 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.


Bitterroot Resources 6-Month Price Index Related Terms

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


Bitterroot Resources (TSXV:BTT) Business Description

Traded in Other Exchanges
Address
1571 Bellevue Avenue, Suite 206-B, West Vancouver, Vancouver, BC, CAN, V7V 1A6
Bitterroot Resources Ltd is a Canada-based company. It is involved in the acquisition, exploration and, development of exploration and evaluation assets including industrial metals and minerals. Geographically it operates in Canada and the United States of America. Its portfolio of projects consists of Coyote Sinter Property; Castle West Project; LM Property and Others.
Executives
Michael Stewart Carr Director, Senior Officer

Bitterroot Resources (TSXV:BTT) Headlines