BMXI (Brookmount Explorations) Beta: 1.0899 (As of Jul. 12, 2026)


What is Brookmount Explorations Beta?

Brookmount Explorations BMXI +4.48% Beta is 1.0899 as of Jul. 12, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-12), Brookmount Explorations's Beta is 1.0899.


Brookmount Explorations  (OTCPK:BMXI) 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)


Brookmount Explorations Beta Related Terms


Brookmount Explorations Beta Historical Data

* Premium members only.

The historical data trend for Brookmount Explorations'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.

Brookmount Explorations Beta Chart

Brookmount Explorations Annual Data
Trend Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 2.31 0.14

Brookmount Explorations Semi-Annual Data
Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 2.31 0.14

BMXI vs GLNS, MAGE, RYES: Beta Comparison

For the Gold subindustry, Brookmount Explorations'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.


Brookmount Explorations Beta vs Metals & Mining Industry

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

* The bar in red indicates where Brookmount Explorations's Beta falls into.



Brookmount Explorations 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 1.0899 mean?
Brookmount Explorations (BMXI) has a Beta of 1.0899 as of Jul. 12, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Brookmount Explorations and its competitors.
Is Brookmount Explorations' Beta too high?
Brookmount Explorations' current Beta is 1.0899.
How does Brookmount Explorations' Beta compare to GLNS and MAGE?
Brookmount Explorations' Beta of 1.0899 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 Brookmount Explorations and its competitors. Brookmount Explorations's current Beta is 1.0899. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookmount Explorations stock overvalued right now?
Brookmount Explorations (BMXI) has a current Beta of 1.0899. The current Beta is 1.0899. 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 Brookmount Explorations (BMXI), the current Beta is 1.0899 as of Jul. 12, 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.

Brookmount Explorations Business Description

Address 1 East Liberty, Suite 600, Reno, NV, USA, 89501
Brookmount Explorations is a United States-based company that encompasses the exploration, extraction, processing, and sale of gold bullion through locally based trading houses. The Company currently operates two individual mining sites in the North Minahasa region of Sulawesi Province, Indonesia: one at Talawaan, near the regional capital Manado. The other site is located at Ratatotock. In addition, the Company has also acquired an interest in the Moosehorn Gold Project, located southwest of Dawson City, Yukon, Canada, and two additional gold projects in the Tintina Gold Belt in Alaska. The Company operates predominantly in one industry and one geographical segment, those being gold mining and Indonesia.