Mineral Road Discovery (FRA:7C9) Beta: 5.8880 (As of Jun. 26, 2026)


What is Mineral Road Discovery Beta?

Mineral Road Discovery FRA:7C9 -23.08% Beta is 5.8880 as of Jun. 26, 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 (2026-06-26), Mineral Road Discovery's Beta is 5.8880.

Mineral Road Discovery  (FRA:7C9) 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)

Mineral Road Discovery Beta Related Terms

Mineral Road Discovery Beta Historical Data

* Premium members only.

The historical data trend for Mineral Road Discovery'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.

Mineral Road Discovery Beta Chart

Mineral Road Discovery Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Beta
Get a 7-Day Free Trial 0.00 0.00 1.75 1.22 1.14

Mineral Road Discovery Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 1.73 1.71 1.14 3.18 3.17

Mineral Road Discovery Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral Road Discovery'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.

Mineral Road Discovery Beta vs Metals & Mining Industry

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

* The bar in red indicates where Mineral Road Discovery's Beta falls into.


Mineral Road Discovery 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 5.8880 mean?
Mineral Road Discovery (FRA:7C9) has a Beta of 5.8880 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Mineral Road Discovery and its competitors.
Is Mineral Road Discovery's Beta too high?
Mineral Road Discovery's current Beta is 5.8880.
How does Mineral Road Discovery's Beta compare to competitors?
Mineral Road Discovery's Beta of 5.8880 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 Mineral Road Discovery and its competitors. Mineral Road Discovery's current Beta is 5.8880. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Road Discovery stock overvalued right now?
Mineral Road Discovery (FRA:7C9) has a current Beta of 5.8880. The current Beta is 5.8880. 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 Mineral Road Discovery (FRA:7C9), the current Beta is 5.8880 as of Jun. 26, 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.

Mineral Road Discovery Business Description

Other Exchanges CRSTF:USAROAD:Canada
Address 2501-550 Burrard Street, Vancouver, BC, CAN, V6C 2B5
Mineral Road Discovery Inc is a Canadian exploration company focused on acquiring, exploring, and evaluating mineral property assets in Canada and Australia. The company invests in mineral exploration and mining technology companies. Its portfolio includes strategic investments such as a majority equity interest in Ausvan Battery Metals Pty Ltd, which owns the Allaru Project in Queensland, Australia. The company operates in one business segment, the acquisition and exploration of mineral property assets, and two geographical segments, Australia and Canada.