Greenridge Exploration (FRA:HW3) Beta: N/A (As of Jun. 30, 2026)


FRA:HW3 Greenridge Exploration Inc FRA:HW3
20 GF Score
Price €0.15
! 1 Warning Sign
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What is Greenridge Exploration Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-30), Greenridge Exploration's Beta is Not available.

Greenridge Exploration  (FRA:HW3) 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)

Greenridge Exploration Beta Related Terms

Greenridge Exploration Beta Historical Data

* Premium members only.

The historical data trend for Greenridge Exploration'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.

Greenridge Exploration Beta Chart

Greenridge Exploration Annual Data
Trend Aug23 Aug24 Aug25
Beta
0.00 0.00 0.00

Greenridge Exploration Quarterly Data
May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
FRA:HW3
20GF Score
Greenridge Exploration Inc FRA:HW3
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenridge Exploration 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.

Greenridge Exploration Business Description

Other Exchanges GXP:Canada
Address 997 Seymour Street, Suite 250, Vancouver, BC, CAN, V6B 3M1
Greenridge Exploration Inc is a mineral exploration company engaged in the acquisition, exploration, and development of critical mineral projects in Canada. The company owns interests in several projects covering approximately 388,040 hectares with considerable exposure to potential uranium, lithium, nickel, copper and gold discoveries.
20GF 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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