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Canuc Resources (TSXV:CDA) 6-Month Price Index : 0.83 (As of Jun. 23, 2024)


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What is Canuc 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 (2024-06-23), Canuc Resources's 6-Month Price Index is 0.83.

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

For the Oil & Gas E&P subindustry, Canuc 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.

Canuc Resources  (TSXV:CDA) 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.

Canuc Resources  (TSXV:CDA) 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.

Canuc Resources 6-Month Price Index Related Terms

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

Canuc Resources (TSXV:CDA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Canuc Resources Corp (TSXV:CDA) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:SPI TSX:BNG TSXV:PUL TSXV:WIL TSXV:RZE TSXV:TOH TSXV:VUX TSXV:PFC TSXV:HEVI XCNQ:XOP COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
CNUCF:USA
Address
130 Queens Quay East, Suite 607, Toronto, ON, CAN, M5A 3Y5
Website
https://www.canucresources.ca
Canuc Resources Corp is a junior resource company. It is engaged in the acquisition, exploration, development, and extraction of natural resources. The company projects include San Javier and Saskatchewan Project. It operates in two business segments namely, mineral exploration and investments in oil and gas interests. The company's geographical segments include Canada, the United States of America, and Mexico.
Executives
Christopher James Berlet Director

Canuc Resources (TSXV:CDA) Headlines

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