Conroy Gold and Natural Resources (FRA:FKV1) Beta: 2.8983 (As of Jul. 17, 2026)

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What is Conroy Gold and Natural Resources Beta?

Conroy Gold and Natural Resources FRA:FKV1 +0.66% Beta is 2.8983 as of Jul. 17, 2026. The stock has 3 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-17), Conroy Gold and Natural Resources's Beta is 2.8983.

Conroy Gold and Natural Resources  (FRA:FKV1) 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)

Conroy Gold and Natural Resources Beta Related Terms

Conroy Gold and Natural Resources Beta Historical Data

* Premium members only.

The historical data trend for Conroy Gold and Natural Resources'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.

Conroy Gold and Natural Resources Beta Chart

Conroy Gold and Natural Resources Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.91 1.20

Conroy Gold and Natural Resources Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 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 1.92 1.91 1.89 1.20 2.40

FRA:FKV1 vs NEM, AU: Beta Comparison

For the Gold subindustry, Conroy Gold and Natural Resources'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.

Conroy Gold and Natural Resources Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Conroy Gold and Natural Resources's Beta distribution charts can be found below:

* The bar in red indicates where Conroy Gold and Natural Resources's Beta falls into.


Conroy Gold and Natural Resources 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 2.8983 mean?
Conroy Gold and Natural Resources (FRA:FKV1) has a Beta of 2.8983 as of Jul. 17, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Conroy Gold and Natural Resources and its competitors.
Is Conroy Gold and Natural Resources' Beta too high?
Conroy Gold and Natural Resources' current Beta is 2.8983.
How does Conroy Gold and Natural Resources' Beta compare to NEM and AU?
Conroy Gold and Natural Resources' Beta of 2.8983 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 Conroy Gold and Natural Resources and its competitors. Conroy Gold and Natural Resources's current Beta is 2.8983. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conroy Gold and Natural Resources stock overvalued right now?
Conroy Gold and Natural Resources (FRA:FKV1) has a current Beta of 2.8983. The current Beta is 2.8983. 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 Conroy Gold and Natural Resources (FRA:FKV1), the current Beta is 2.8983 as of Jul. 17, 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.

Conroy Gold and Natural Resources Business Description

Other Exchanges CGNR:UK
Address Shannon Airport House, Shannon Free Zone, County Clare, Shannon, IRL, V14 E370
Conroy Gold and Natural Resources PLC is a mineral exploration company focused on the exploration and development of gold and owns licenses in Ireland within the Longford-Down Massif deposit. The Company's main objective is to make substantial returns for shareholders through the discovery and development of economic gold deposits in the North of Ireland and in Northern Finland. Its projects include gold antimony results from Clontibret, new gold mineralization at Glenish, and gold-in-bedrock. The Company operates in two segments: Irish exploration assets, being gold exploration assets in Ireland, and Finnish exploration assets, being gold exploration assets in Finland.