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Monarca Minerals (TSXV:MMN) 6-Month Price Index : 0.33 (As of Jun. 19, 2024)


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What is Monarca Minerals 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 (2024-06-19), Monarca Minerals's 6-Month Price Index is 0.33.

Competitive Comparison of Monarca Minerals's 6-Month Price Index

For the Other Precious Metals & Mining subindustry, Monarca Minerals'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.

Monarca Minerals  (TSXV:MMN) 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.

Monarca Minerals  (TSXV:MMN) 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.

Monarca Minerals 6-Month Price Index Related Terms

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Monarca Minerals (TSXV:MMN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Monarca Minerals Inc (TSXV:MMN) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:TNO.H TSXV:BIRD TSXV:INFD XCNQ:MUSK TSXV:HAWK TSXV:KGS TSXV:WRI XCNQ:SAND TSXV:PAN XCNQ:PNGC ISX:AMMN JSE:AMS SZSE:000975 MIC:ALRS LSE:FRES JSE:IMP ISX:MBMA LIM:BUENAVC1 TSX:TFPM HL
Traded in Other Exchanges
ORAGF:USA OSI2:Germany
Address
18 King Street East Street, Suite 902, Toronto, ON, CAN, M5C 1C4
Website
https://www.monarcaminerals.com
Monarca Minerals Inc is in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. Its project portfolio includes Tejamen, San Lucas, San Jose, and El Sol. The primary focus of new work at Tejamen consists of follow-up core drilling. Outcrop sampling identified two parallel gold-silver zones, known as the El Doctor zone (Noche Buena). Several small mines exist on the El Sol concession. It is a historical mining area since the 1600s and is in the Avino Mining District.
Executives
Carlos Enrique Espinosa Jove Director

Monarca Minerals (TSXV:MMN) Headlines

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