ARDNF (Argent Minerals) Beta: 34.9055 (As of Jun. 27, 2026)


What is Argent Minerals Beta?

Argent Minerals ARDNF Beta is 34.9055 as of Jun. 27, 2026. The stock has 1 warning sign investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Argent Minerals's Beta is 34.9055.

Argent Minerals  (OTCPK:ARDNF) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Argent Minerals Beta Related Terms

Argent Minerals Beta Historical Data

* Premium members only.

The historical data trend for Argent Minerals's Beta can be seen below:

* 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.

Argent Minerals Beta Chart

Argent Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 8.93 12.82

Argent Minerals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 8.93 9.26 12.82 43.79

ARDNF vs HL: Beta Comparison

For the Other Precious Metals & Mining subindustry, Argent Minerals's Beta, along with its competitors' market caps and Beta 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.

Argent Minerals Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Argent Minerals's Beta distribution charts can be found below:

* The bar in red indicates where Argent Minerals's Beta falls into.


Argent Minerals Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 34.9055 mean?
Argent Minerals (ARDNF) has a Beta of 34.9055 as of Jun. 27, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Argent Minerals and its competitors.
Is Argent Minerals' Beta too high?
Argent Minerals' current Beta is 34.9055.
How does Argent Minerals' Beta compare to HL?
Argent Minerals' Beta of 34.9055 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Metals & Mining company?
A good Beta depends on the Metals & Mining industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Argent Minerals and its competitors. Argent Minerals's current Beta is 34.9055. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Minerals stock overvalued right now?
Argent Minerals (ARDNF) has a current Beta of 34.9055. The current Beta is 34.9055. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Argent Minerals (ARDNF), the current Beta is 34.9055 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Argent Minerals Business Description

Other Exchanges AR8:GermanyARD:Australia
Address 7 Havelock Street, Level 2, West Perth, Perth, WA, AUS, 6005
Argent Minerals Ltd is a mineral exploration company. It is engaged in the exploration of silver, lead, copper, zinc, and gold in Australia. Its project portfolio includes the Kempfield, Copperhead, West Wyalong, Mount Dudley Gold, Trunkey Creek Gold, and Pine Ridge Gold projects. The group is organised into one main operating segment, which involves the exploration of minerals in Australia.