CGN Resources (ASX:CGR) Beta: N/A (As of Jun. 30, 2026)


What is CGN Resources Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-30), CGN Resources's Beta is Not available.

CGN Resources  (ASX:CGR) 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)

CGN Resources Beta Related Terms

CGN Resources Beta Historical Data

* Premium members only.

The historical data trend for CGN Resources'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.

CGN Resources Beta Chart

CGN Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00 0.00 0.00

CGN Resources Semi-Annual Data
Jun21 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

CGN Resources 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.

CGN Resources Business Description

Address 6 Richardson Street, Suite 4, Perth, WA, AUS, 6005
CGN Resources Ltd is an exploration-focused mining company targeting copper, nickel, and specialty metals in Western Australia's West Arunta Region. The Company's main objective is to provide a return to Shareholders through the successful exploration, discovery, and development of high-value base and precious metal resources.