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Teras Resources (TSXV:TRA) 6-Month Price Index : 1.00 (As of Jun. 10, 2024)


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What is Teras 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 (2024-06-10), Teras Resources's 6-Month Price Index is 1.00.

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

For the Gold subindustry, Teras 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.

Teras Resources  (TSXV:TRA) 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.

Teras Resources  (TSXV:TRA) 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.

Teras Resources 6-Month Price Index Related Terms

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

Teras Resources (TSXV:TRA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teras Resources Inc (TSXV:TRA) » Definitions » 6-Month Price Index
Comparable Companies
GRMC IMII GLNS STAL OSCI MNGG GKIN AGDXF BMXI ALGLF SHSE:601899 NEM TSX:ABX TSX:AEM TSX:FNV TSX:WPM MIC:PLZL SHSE:600547 JSE:GFI ASX:NST
Traded in Other Exchanges
TRARF:USA
Address
206, 6025 - 12th Street South East, Calgary, AB, CAN, T2H 1K1
Website
https://www.teras.ca
Teras Resources Inc is a junior mining exploration & development company. The company is involved in the acquisition and exploration of mineral property interests in Montana, Nevada, and Cahuilla in California. The company explores gold, silver, and base metals. Its projects include Cahuilla Gold Project, Golden Jubilee, Corral Canyon, Gold Point, Watseca Mill and other projects. The Cahuilla Project is located in northwest Imperial County, California. The Watseca Mill Property is located in Rochester Basin, Montana, and includes a mill site and mining claims.
Executives
Joe Carrabba Director, Senior Officer

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