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Ridgestone Mining (TSXV:RMI) 6-Month Price Index : 0.70 (As of Oct. 09, 2024)


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What is Ridgestone Mining 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 (2024-10-09), Ridgestone Mining's 6-Month Price Index is 0.70.

Competitive Comparison of Ridgestone Mining's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Ridgestone Mining'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.

Ridgestone Mining  (TSXV:RMI) 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.

Ridgestone Mining  (TSXV:RMI) 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.

Ridgestone Mining 6-Month Price Index Related Terms

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

Ridgestone Mining Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ridgestone Mining Inc (TSXV:RMI) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:MQM TSXV:GEL TSXV:EFF XCNQ:OMGA XCNQ:MEGA TSXV:FEX XCNQ:VOLT XCNQ:XRI XCNQ:SPEY TSXV:ROX ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
RIGMF:USA 4U50:Germany
Address
905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6
Website
https://www.ridgestonemining.com
Ridgestone Mining Inc is a mining company. The Company's business plan is to acquire, explore and develop mineral properties and ultimately seek earnings by exploiting mineral claims. It is engaged in the business of exploration of mineral properties in North America. It holds an interest in Cimarron gold property, Rebeico Property, Guadalupe y Calvo Property, and Alaska Property.
Executives
Jonathan George Director
Hsin-chen Liu Director
Yen Hua Yi 10% Security Holder
Ronnie Floyd Birch Director

Ridgestone Mining Headlines

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