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East Africa Metals, Inc. (TSXV:EAM.V) Seasonal Chart

Seasonal Chart Analysis

Analysis of the East Africa Metals, Inc. (TSXV:EAM.V) seasonal charts above shows that a Buy Date of March 14 and a Sell Date of June 2 has resulted in a geometric average return of 19.42% above the benchmark rate of the S&P 500 Total Return Index over the past 7 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 of those periods. This is a good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 7 years by an average of 23.45% per year.

The seasonal timeframe is Inline 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 7 years of data is available for shares of EAM.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.

East Africa Metals Inc is a mineral exploration company focused on the identification, acquisition, exploration, development and/or sale of base and precious mineral resource properties in Ethiopia and Tanzania. The company’s major mineral properties consist of two projects in Ethiopia, the Harvest Project and the Adyabo Project and one project in Tanzania, the Handeni Properties. Its geographical segments include Canada, Tanzania, and Ethiopia. It has one reportable segment being Exploration and Development of Mineral Properties.

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