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Renforth Resources (XCNQ:RFR) 6-Month Price Index : 0.67 (As of Dec. 14, 2024)


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What is Renforth 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 (2024-12-14), Renforth Resources's 6-Month Price Index is 0.67.

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

For the Gold subindustry, Renforth 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.

Renforth Resources  (XCNQ:RFR) 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.

Renforth Resources  (XCNQ:RFR) 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.

Renforth Resources 6-Month Price Index Related Terms

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

Renforth Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Renforth Resources Inc (XCNQ:RFR) » Definitions » 6-Month Price Index
Comparable Companies
XCNQ:FENX TSX:GMTN XCNQ:WG TSX:SGLD TSXV:PRG TSXV:FOR TSXV:KIP TSXV:ARIC XCNQ:MINA TSXV:GG SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
RFHRF:USA 9RR:Germany
Address
955 Brock Road, Unit 1B, Pickering, ON, CAN, L1W 2X9
Website
https://www.renforthresources.com
Renforth Resources Inc is a mineral exploration company mainly engaged in the acquisition, exploration, and development of mineral properties in Canada. It explores gold and it holds an interest in properties such as the Parbec Gold Project, Malartic West, Nixon Bartleman Property, and Bousquet property.
Executives
Nicole Brewster Director, Senior Officer
Kurt Breede Director

Renforth Resources Headlines

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