EverGold Minerals (FRA:2L0) Beta: N/A (As of Jul. 05, 2026)


What is EverGold Minerals Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-05), EverGold Minerals's Beta is Not available.

EverGold Minerals  (FRA:2L0) 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)

EverGold Minerals Beta Related Terms

EverGold Minerals Beta Historical Data

* Premium members only.

The historical data trend for EverGold 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.

EverGold Minerals Beta Chart

EverGold Minerals Annual Data
Trend Jun20 Jun21 Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00 0.00 0.00

EverGold Minerals Semi-Annual Data
Jun20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

EverGold 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.

EverGold Minerals Business Description

Other Exchanges EG1:Australia
Address 9-11 Claremont Street, Suite 205, South Yarra, VIC, AUS, 3141
EverGold Minerals Ltd is an Australian gold exploration company focused on advancing high-potential projects in Western Australia's prolific Goldfields region. Its projects include the Leonora Goldfields Project, Queens Gold, the Bynoe Project, and the Mt Monger Gold Project.