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Outback Goldfields (TSXV:OZ) 6-Month Price Index : 0.60 (As of Jun. 20, 2024)


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What is Outback Goldfields 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 (2024-06-20), Outback Goldfields's 6-Month Price Index is 0.60.


Competitive Comparison of Outback Goldfields's 6-Month Price Index

For the Gold subindustry, Outback Goldfields'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.


Outback Goldfields  (TSXV:OZ) 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.


Outback Goldfields  (TSXV:OZ) 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.


Outback Goldfields 6-Month Price Index Related Terms

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


Outback Goldfields (TSXV:OZ) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E3V7
Outback Goldfields Corp is an exploration mining company, holding a package of four prospective gold projects located proximate and adjacent to the Fosterville Gold Mine in Victoria, Australia. The company acquired certain gold projects located in Victoria, Australia including an exploration license for the Yeungroon Gold Project and a right, title, and interest in a mining joint venture agreement for the Glenfine Gold Project. In addition, three exploration license applications were acquired for the Silver Spoon Orogenic Gold Project.
Executives
Chris Donaldson Director, Senior Officer

Outback Goldfields (TSXV:OZ) Headlines