GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Iconic Minerals Ltd (OTCPK:ICMFF) » Definitions » 6-Month Price Index

Iconic Minerals (Iconic Minerals) 6-Month Price Index : 0.39 (As of Apr. 29, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Iconic Minerals 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 (2024-04-29), Iconic Minerals's 6-Month Price Index is 0.39.


Competitive Comparison of Iconic Minerals's 6-Month Price Index

For the Gold subindustry, Iconic Minerals'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.


Iconic Minerals  (OTCPK:ICMFF) 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.


Iconic Minerals  (OTCPK:ICMFF) 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.


Iconic Minerals 6-Month Price Index Related Terms

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


Iconic Minerals (Iconic Minerals) Business Description

Traded in Other Exchanges
Address
303 - 595 Howe Street, P.O. Box 4, Vancouver, BC, CAN, V6C 2T5
Iconic Minerals Ltd is a mineral exploration company. It mainly focuses on acquiring and exploring gold and lithium properties in Nevada. The exploration assets of the company include New Pass property located in Churchill County; Midas South property located in Elko County; Bonnie Claire Lithium Project located in Nye County; Smith Creek Lithium Project and others.

Iconic Minerals (Iconic Minerals) Headlines

No Headlines