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Rio Silver (TSXV:RYO) 6-Month Price Index : 1.00 (As of Jun. 18, 2024)


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What is Rio Silver 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 (2024-06-18), Rio Silver's 6-Month Price Index is 1.00.


Competitive Comparison of Rio Silver's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Rio Silver'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.


Rio Silver  (TSXV:RYO) 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.


Rio Silver  (TSXV:RYO) 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.


Rio Silver 6-Month Price Index Related Terms

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


Rio Silver (TSXV:RYO) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 1600, c/o WeWork, Vancouver, BC, CAN, V7X 1L4
Rio Silver Inc is engaged in the acquisition, evaluation, and development of mineral properties in the Americas. Its project portfolio includes Ninobamba, Palta Dorado and Gerow Lake. It has one reportable operating segment being Mineral Exploration and Development in two geographic locations being Peru and Canada.
Executives
Jeffrey Reeder Director

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