Midnight Sun Mining (FRA:2VK) Beta: N/A (As of Jun. 27, 2026)


FRA:2VK Midnight Sun Mining Corp FRA:2VK
12 GF Score
Price €0.41
! 1 Warning Sign
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What is Midnight Sun Mining Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Midnight Sun Mining's Beta is Not available.

Midnight Sun Mining  (FRA:2VK) 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)

Midnight Sun Mining Beta Related Terms

Midnight Sun Mining Beta Historical Data

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The historical data trend for Midnight Sun Mining'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.

Midnight Sun Mining Beta Chart

Midnight Sun Mining Annual Data
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Beta
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Midnight Sun Mining Quarterly Data
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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 0.00 0.00 0.00
FRA:2VK
12GF Score
Midnight Sun Mining Corp FRA:2VK
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Midnight Sun Mining 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.

Midnight Sun Mining Business Description

Other Exchanges MDNGF:USAMMA:Canada
Address 789 West Pender Street, Suite 1205, Vancouver, BC, CAN, V6C 1H2
Midnight Sun Mining Corp conducts mineral exploration and development with a focus on copper assets in Zambia. The Company's principal business activity is the acquisition and exploration of mineral property interests, and it is in the exploration stage. Its project includes the Luswishi Dome Project, located southeast of the Company's Solwezi Project in Zambia.
12GF Score

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