Great Boulder Resources (ASX:GBR) Beta: 0.8659 (As of Jul. 18, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Great Boulder Resources Beta?

Great Boulder Resources ASX:GBR -4.41% Beta is 0.8659 as of Jul. 18, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-18), Great Boulder Resources's Beta is 0.8659.

Great Boulder Resources  (ASX:GBR) 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)

Great Boulder Resources Beta Related Terms

Great Boulder Resources Beta Historical Data

* Premium members only.

The historical data trend for Great Boulder 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.

Great Boulder Resources Beta Chart

Great Boulder Resources Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only 0.99 0.75 0.06 -0.10 -0.60

Great Boulder Resources Semi-Annual Data
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 0.44 -0.10 0.20 -0.60 -0.89

Great Boulder Resources Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Great Boulder 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.

Great Boulder Resources Beta vs Metals & Mining Industry

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

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


Great Boulder 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 0.8659 mean?
Great Boulder Resources (ASX:GBR) has a Beta of 0.8659 as of Jul. 18, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Great Boulder Resources and its competitors.
Is Great Boulder Resources' Beta too high?
Great Boulder Resources' current Beta is 0.8659.
How does Great Boulder Resources' Beta compare to competitors?
Great Boulder Resources' Beta of 0.8659 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 Great Boulder Resources and its competitors. Great Boulder Resources's current Beta is 0.8659. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Boulder Resources stock overvalued right now?
Great Boulder Resources (ASX:GBR) has a current Beta of 0.8659. The current Beta is 0.8659. 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 Great Boulder Resources (ASX:GBR), the current Beta is 0.8659 as of Jul. 18, 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.

Great Boulder Resources Business Description

Address Level 1, 51 Colin Street, West Perth, Perth, WA, AUS, 6005
Great Boulder Resources Ltd is a mineral exploration company with a primary focus on exploration, discovery, and delineation of nickel-copper-cobalt and gold resources within the Eastern Goldfields Region of Western Australia. It holds an interest in various projects such as Sidewall, Wellington, and Whiteheads. The company operates as a single segment, which is Mineral Exploration, and in a single geographical location, which is Australia.