Green & Gold Minerals (FRA:9M3) Beta: N/A (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:9M3 Green & Gold Minerals Ltd FRA:9M3
9 GF Score
Price €0.09
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What is Green & Gold Minerals Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-01), Green & Gold Minerals's Beta is Not available.

Green & Gold Minerals  (FRA:9M3) 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)

Green & Gold Minerals Beta Related Terms

Green & Gold Minerals Beta Historical Data

* Premium members only.

The historical data trend for Green & Gold 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.

Green & Gold Minerals Beta Chart

Green & Gold Minerals Annual Data
Trend Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00

Green & Gold Minerals Semi-Annual Data
Jun23 Jun24 Dec24 Jun25 Dec25
Beta 0.00 0.00 0.00 0.00 0.00
FRA:9M3
9GF Score
Green & Gold Minerals Ltd FRA:9M3
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Green & Gold 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.

Green & Gold Minerals Business Description

Other Exchanges GG1:Australia
Address 300 Adelaide Street, Level 9, Brisbane, QLD, AUS, 4000
Green & Gold Minerals Ltd is focused on exploring and developing gold mining operations across Queensland. It is engaged in the exploration of its Chillagoe assets (the Chillagoe Gold Project), which comprises a portfolio of mining leases and exploration permits for mineral tenements in Northwest Queensland. The company has only one operating segment, which is mineral exploration in Australia.
9GF Score

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

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