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Canterra Minerals (TSXV:CTM) 6-Month Price Index : 1.36 (As of Apr. 27, 2024)


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What is Canterra 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 (2024-04-27), Canterra Minerals's 6-Month Price Index is 1.36.

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

For the Other Precious Metals & Mining subindustry, Canterra 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.

Canterra Minerals  (TSXV:CTM) 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.

Canterra Minerals  (TSXV:CTM) 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.

Canterra Minerals 6-Month Price Index Related Terms

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Canterra Minerals (TSXV:CTM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canterra Minerals Corp (TSXV:CTM) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:CAPT XCNQ:NEXU TSXV:DRY XCNQ:CFE TSXV:CCMI XCNQ:LTHM TSXV:VIZ XCNQ:COMT TSXV:TSLV TSXV:VIPR ISX:AMMN JSE:AMS SZSE:000975 MIC:ALRS LSE:FRES LIM:BUENAVC1 JSE:IMP ISX:MBMA HL TSX:TFPM
Traded in Other Exchanges
CTMCF:USA
Address
625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6
Website
https://www.canterraminerals.com
Canterra Minerals Corp is an exploration-stage company. It is engaged in the acquisition, exploration, and evaluation of mineral properties. The group primarily specializes in diamond exploration within the Northwest Territories. It holds an interest in projects and properties such as Wilding Lake Project, Marlin and Rex in the Northwest Territories, and Buffalo Hills in Alberta. It has one reportable operating segment, being the acquisition, exploration, and evaluation of mineral properties in Canada.