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Canasil Resources (TSXV:CLZ.H) 6-Month Price Index : 2.00 (As of May. 17, 2024)


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What is Canasil 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), Canasil Resources's 6-Month Price Index is 2.00.

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

For the Other Industrial Metals & Mining subindustry, Canasil 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.

Canasil Resources  (TSXV:CLZ.H) 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.

Canasil Resources  (TSXV:CLZ.H) 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.

Canasil Resources 6-Month Price Index Related Terms

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

Canasil Resources (TSXV:CLZ.H) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canasil Resources Inc (TSXV:CLZ.H) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:CTN TSXV:AB.H TSXV:TUK XCNQ:LCR XCNQ:EVM TSXV:ANOR TSXV:TNR XCNQ:RXM TSXV:ODX.H TSXV:EPL ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 GMEXICOB LSE:AAL TSX:TECK.B
Traded in Other Exchanges
CNSUF:USA 3CC:Germany
Address
750 West Pender Street, Suite 1760, Vancouver, BC, CAN, V6C 2T8
Website
https://www.canasil.com
Canasil Resources Inc is a mining and mineral exploration company. It has a portfolio of precious and base metal exploration projects. The Company currently operates in only one operating segment, that being the mineral exploration industry. The company operates in the geographical areas of Canada and Mexico. It holds mineral interests in the La Esperanza project, Salamandra project, Nora project and others.

Canasil Resources (TSXV:CLZ.H) Headlines

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