Western Gold Resources (ASX:WGR) Beta: 1.2525 (As of Aug. 10, 2026)

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What is Western Gold Resources Beta?

Western Gold Resources ASX:WGR +2.27% Beta is 1.2525 as of Aug. 10, 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 (2026-08-10), Western Gold Resources's Beta is 1.2525.

Western Gold Resources  (ASX:WGR) 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)

Western Gold Resources Beta Related Terms

Western Gold Resources Beta Historical Data

* Premium members only.

The historical data trend for Western Gold 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.

Western Gold Resources Beta Chart

Western Gold Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00 0.42 0.78

Western Gold Resources Semi-Annual Data
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 0.00 0.42 0.13 0.78 0.87

ASX:WGR vs NEM, AU: Beta Comparison

For the Gold subindustry, Western Gold 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.

Western Gold Resources Beta vs Metals & Mining Industry

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

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


Western Gold 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 1.2525 mean?
Western Gold Resources (ASX:WGR) has a Beta of 1.2525 as of Aug. 10, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Western Gold Resources and its competitors.
Is Western Gold Resources' Beta too high?
Western Gold Resources' current Beta is 1.2525.
How does Western Gold Resources' Beta compare to NEM and AU?
Western Gold Resources' Beta of 1.2525 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 Western Gold Resources and its competitors. Western Gold Resources's current Beta is 1.2525. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Gold Resources stock overvalued right now?
Western Gold Resources (ASX:WGR) has a current Beta of 1.2525. The current Beta is 1.2525. 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 Western Gold Resources (ASX:WGR), the current Beta is 1.2525 as of Aug. 10, 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.

Western Gold Resources Business Description

Other Exchanges 5ZN:Germany
Address 46 Colin Street, Level 4, West Perth, Perth, WA, AUS, 6005
Western Gold Resources Ltd focuses on the exploration of gold properties in Western Australia and West Africa. The company intends to explore the Wiluna West Gold Project located near the town of Wiluna in the Midwest region of Western Australia.