Galileo Resources (FRA:2GA) Beta: 1.0429 (As of Jun. 25, 2026)


What is Galileo Resources Beta?

Galileo Resources FRA:2GA Beta is 1.0429 as of Jun. 25, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Galileo Resources's Beta is 1.0429.

Galileo Resources  (FRA:2GA) 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)

Galileo Resources Beta Related Terms

Galileo Resources Beta Historical Data

* Premium members only.

The historical data trend for Galileo 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.

Galileo Resources Beta Chart

Galileo Resources Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.40 0.78

Galileo Resources Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 2.40 1.29 0.78 1.87

Galileo Resources Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Galileo 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.

Galileo Resources Beta vs Metals & Mining Industry

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

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


Galileo 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 1.0429 mean?
Galileo Resources (FRA:2GA) has a Beta of 1.0429 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 Galileo Resources and its competitors.
Is Galileo Resources' Beta too high?
Galileo Resources' current Beta is 1.0429.
How does Galileo Resources' Beta compare to competitors?
Galileo Resources' Beta of 1.0429 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 Galileo Resources and its competitors. Galileo Resources's current Beta is 1.0429. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galileo Resources stock overvalued right now?
Galileo Resources (FRA:2GA) has a current Beta of 1.0429. The current Beta is 1.0429. 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 Galileo Resources (FRA:2GA), the current Beta is 1.0429 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.

Galileo Resources Business Description

Other Exchanges GLR:UK
Address 24 Ives Stree, 1st Floor, London, GBR, SW3 2ND
Galileo Resources PLC is a mining company. Its projects include Kalahari Copperbelt: Botswana; Star Zinc: Zambia, Kashitu Project: Zambia, Glenover Project: South Africa, and Ferber Project: Nevada USA, Lithium & Gold projects: Zimbabwe and others.