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District Metals Corp. (TSXV:DMX.V) Seasonal Chart

Seasonal Chart Analysis

Analysis of the District Metals Corp. (TSXV:DMX.V) seasonal charts above shows that a Buy Date of November 27 and a Sell Date of March 22 has resulted in a geometric average return of 67.65% above the benchmark rate of the S&P 500 Total Return Index over the past 6 years. This seasonal timeframe has shown positive results compared to the benchmark in 6 of those periods. This is an excellent rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 6 years by an average of 39.77% per year.

The seasonal timeframe correlates Fairly Well with the period of seasonal strength for the Materials sector, which runs from November 20 to May 5. The seasonal chart for the broad sector is available via the following link: Materials Sector Seasonal Chart.

A word of caution: Only 6 years of data is available for shares of DMX.V, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

District Metals Corp. is a junior mineral exploration stage company, which engages in the business of acquiring, exploring, and evaluating natural resource properties. Its projects include Viken, Tomtebo, Gruvberget, Alum Shale Properties, Ardnasvarre, S gtj rn, and Nianfors. The company was founded on July 24, 1989 and is headquartered in Vancouver, Canada.

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