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Signature Resources (TSXV:SGU) 6-Month Price Index : 1.00 (As of Sep. 22, 2024)


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What is Signature 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 (2024-09-22), Signature Resources's 6-Month Price Index is 1.00.

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

For the Gold subindustry, Signature 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.

Signature Resources  (TSXV:SGU) 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.

Signature Resources  (TSXV:SGU) 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.

Signature Resources 6-Month Price Index Related Terms

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

Signature Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Signature Resources Ltd (TSXV:SGU) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:CQR TSXV:TG XCNQ:CRS TSXV:NEWO TSXV:GCN TSXV:GGX TSXV:LMG TSXV:WGF TSXV:AALI TSXV:TAJ SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
SGGTF:USA 3S30:Germany
Address
401 Bay Street, Box 4, Suite 2704, Toronto, ON, CAN, M5H 2Y4
Website
https://www.signatureresources.ca
Signature Resources Ltd is a Canadian based advanced stage exploration company focused on expanding the 100% owned Lingman Lake Gold zone, located within the prolific Red Lake district in Northwestern Ontario, Canada. The project has a 234,000 ounce historical high-grade gold resource estimate that is contained within the first 180 meters of surface and open in all directions. The company is focused on rapidly expanding the known mineralized envelope with its 100% owned diamond drill rig and aims to publish a maiden NI 43-101 compliant resource in 2022.
Executives
Robert Vallis Director, Senior Officer