BYDMF (Beyond Minerals) Beta: 0.0193 (As of Jun. 25, 2026)


What is Beyond Minerals Beta?

Beyond Minerals BYDMF -1.99% Beta is 0.0193 as of Jun. 25, 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 (2026-06-25), Beyond Minerals's Beta is 0.0193.

Beyond Minerals  (OTCPK:BYDMF) 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)

Beyond Minerals Beta Related Terms

Beyond Minerals Beta Historical Data

* Premium members only.

The historical data trend for Beyond Minerals'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.

Beyond Minerals Beta Chart

Beyond Minerals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -0.90

Beyond Minerals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 -0.02 -0.90 0.47

Beyond Minerals Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Beyond Minerals'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.

Beyond Minerals Beta vs Metals & Mining Industry

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

* The bar in red indicates where Beyond Minerals's Beta falls into.


Beyond Minerals 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 0.0193 mean?
Beyond Minerals (BYDMF) has a Beta of 0.0193 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 Beyond Minerals and its competitors.
Is Beyond Minerals' Beta too high?
Beyond Minerals' current Beta is 0.0193.
How does Beyond Minerals' Beta compare to competitors?
Beyond Minerals' Beta of 0.0193 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 Beyond Minerals and its competitors. Beyond Minerals's current Beta is 0.0193. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beyond Minerals stock overvalued right now?
Beyond Minerals (BYDMF) has a current Beta of 0.0193. The current Beta is 0.0193. 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 Beyond Minerals (BYDMF), the current Beta is 0.0193 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.

Beyond Minerals Business Description

Other Exchanges BY:Canada
Address 360 Main Street, Suite 3000, 30th Floor, Winnipeg, MB, CAN, R3C 4G1
Beyond Minerals Inc is a lithium exploration company based in Ontario. The company is mainly engaged in acquiring and exploring mineral properties. Its project portfolio includes the Ear Falls Spodumene Project, Rare One Project, Victory Project, and Owl Creek Project.