Hillgrove Resources (ASX:HGO) Beta: 1.8220 (As of Jun. 25, 2026)


What is Hillgrove Resources Beta?

Hillgrove Resources ASX:HGO -3.77% Beta is 1.8220 as of Jun. 25, 2026. The stock has 7 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Hillgrove Resources's Beta is 1.8220.

Hillgrove Resources  (ASX:HGO) 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)

Hillgrove Resources Beta Related Terms

Hillgrove Resources Beta Historical Data

* Premium members only.

The historical data trend for Hillgrove 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.

Hillgrove Resources Beta Chart

Hillgrove Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.26 2.00 1.59 2.03

Hillgrove Resources 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 2.00 1.77 1.59 1.29 2.03

ASX:HGO vs SCCO, FCX: Beta Comparison

For the Copper subindustry, Hillgrove 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.

Hillgrove Resources Beta vs Metals & Mining Industry

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

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


Hillgrove 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 1.8220 mean?
Hillgrove Resources (ASX:HGO) has a Beta of 1.8220 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Hillgrove Resources and its competitors.
Is Hillgrove Resources' Beta too high?
Hillgrove Resources' current Beta is 1.8220.
How does Hillgrove Resources' Beta compare to SCCO and FCX?
Hillgrove Resources' Beta of 1.8220 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 Hillgrove Resources and its competitors. Hillgrove Resources's current Beta is 1.8220. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hillgrove Resources stock overvalued right now?
Hillgrove Resources (ASX:HGO) has a current Beta of 1.8220. The current Beta is 1.8220. 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 Hillgrove Resources (ASX:HGO), the current Beta is 1.8220 as of Jun. 25, 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.

Hillgrove Resources Business Description

Other Exchanges HLGVF:USAHIN:Germany
Address 5-7 King William Road, Ground Floor, Unley, SA, AUS, 5061
Hillgrove Resources Ltd is a mineral exploration company located in the Adelaide Hills. It has completed open-pit mining at Kanmantoo. The group commenced development of an underground mine and completed the transition to underground copper production. Its Kanmantoo Copper Mine, located in South Australia's Tier 1 mining jurisdiction, has ramped up to an annual copper production rate of approximately 12,000 tonnes. It is also testing the next suite of potential targets.