Almadex Minerals (FRA:8X9) Beta: N/A (As of Jun. 27, 2026)


FRA:8X9 Almadex Minerals Ltd FRA:8X9
17 GF Score
Price €0.23
GF Value €0.26
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Almadex Minerals Beta?

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

Almadex Minerals  (FRA:8X9) 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)

Almadex Minerals Beta Related Terms

Almadex Minerals Beta Historical Data

* Premium members only.

The historical data trend for Almadex 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.

Almadex Minerals Beta Chart

Almadex Minerals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Almadex 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 0.00 0.00 0.00
FRA:8X9
17GF Score
Almadex Minerals Ltd FRA:8X9
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Almadex 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.

Is Almadex Minerals (FRA:8X9) Overvalued in 2026?

Based on GuruFocus' analysis, Almadex Minerals stock appears to be undervalued. The current stock price of €0.23 is trading 12.3% below its estimated GF Value™ of €0.26. GuruFocus considers Almadex Minerals to be Modestly Undervalued.

Key valuation signals for FRA:8X9:

  • Beta: N/A
  • GF Value™: €0.26 vs. price of €0.23 (12.3% below fair value)
  • GF Score™: 17/100 with 3 warning signs

No single metric tells the full story. See the FRA:8X9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Almadex Minerals Business Description

Other Exchanges AAMMF:USADEX:Canada
Address 1333 Johnston Street, Suite 210, Vancouver, BC, CAN, V6H 3R9
Almadex Minerals Ltd is engaged in the acquisition, exploration, and evaluation of mineral properties in Canada, the United States, and Mexico. The company's projects include Davis and Paradise Valley properties, the Logan project, Nicoamen, Confusion Hill, Pilot, Lac de Gras, and other properties. It has one reportable operating segment, the acquisition and exploration of mineral resource properties in Canada, the United States, and Mexico.
17GF Score

Get the complete analysis for FRA:8X9

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.23
Price
€0.26
GF Value