Bullion Gold Discoveries (FRA:B4R0) Beta: N/A (As of Jul. 09, 2026)


What is Bullion Gold Discoveries Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-09), Bullion Gold Discoveries's Beta is Not available.

Bullion Gold Discoveries  (FRA:B4R0) 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)

Bullion Gold Discoveries Beta Related Terms

Bullion Gold Discoveries Beta Historical Data

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The historical data trend for Bullion Gold Discoveries'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.

Bullion Gold Discoveries Beta Chart

Bullion Gold Discoveries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Bullion Gold Discoveries 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

Bullion Gold Discoveries 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.

Bullion Gold Discoveries Business Description

Other Exchanges TTEXF:USABGD:Canada
Address 410, rue Saint-Nicolas, Suite 236, Montreal, QC, CAN, H2Y 2P5
Bullion Gold Discoveries Corp is a mineral exploration company. The Company focuses on discovery-driven mineral exploration and the advancement of its portfolio of under explored projects in Quebec. The company is advancing a portfolio of gold and polymetallic projects located in some of the province's prospective mining districts. The Company holds a 100% interest in the Terragold (Au), Langlade (Cu, Zn, Au, Ag), and Bodo (Cu, Zn, Au, Ag) project.