Castile Resources (ASX:CST) Beta: -0.2894 (As of Jun. 24, 2026)


What is Castile Resources Beta?

Castile Resources ASX:CST -2.63% Beta is -0.2894 as of Jun. 24, 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 (2026-06-24), Castile Resources's Beta is -0.2894.

Castile Resources  (ASX:CST) 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)

Castile Resources Beta Related Terms

Castile Resources Beta Historical Data

* Premium members only.

The historical data trend for Castile 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.

Castile Resources Beta Chart

Castile Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial 0.00 0.00 0.69 1.10 0.01

Castile Resources Semi-Annual Data
Jun19 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 1.59 1.10 0.86 0.01 -0.60

Castile Resources Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Castile Resources'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.

Castile Resources Beta vs Metals & Mining Industry

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

* The bar in red indicates where Castile Resources's Beta falls into.


Castile 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -0.2894 mean?
Castile Resources (ASX:CST) has a Beta of -0.2894 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Castile Resources and its competitors.
Is Castile Resources' Beta too high?
Castile Resources' current Beta is -0.2894.
How does Castile Resources' Beta compare to competitors?
Castile Resources' Beta of -0.2894 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 Castile Resources and its competitors. Castile Resources's current Beta is -0.2894. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castile Resources stock overvalued right now?
Castile Resources (ASX:CST) has a current Beta of -0.2894. The current Beta is -0.2894. 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 Castile Resources (ASX:CST), the current Beta is -0.2894 as of Jun. 24, 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.

Castile Resources Business Description

Other Exchanges CLRSF:USA3UY:Germany
Address 17 Southport Street, Suite 1B, West Leederville, WA, AUS, 6007
Castile Resources Ltd is a mineral exploration and project development company operating in Australia. Its primary projects include the Rover Project and the Warumpi Project, located in the Northern Territory and Western Australia, respectively. The company focuses on exploring minerals such as gold, copper, cobalt, zinc, and silver. The company operates in one geographic segment, Australia, and is engaged in exploring and developing mineral assets. The majority of revenue is generated through the interest income received.