Golden Spike Resources (FRA:L5Y) Beta: 4.4919 (As of Jul. 19, 2026)

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What is Golden Spike Resources Beta?

Golden Spike Resources FRA:L5Y +12.12% Beta is 4.4919 as of Jul. 19, 2026. The stock has 1 warning sign investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-19), Golden Spike Resources's Beta is 4.4919.

Golden Spike Resources  (FRA:L5Y) 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)

Golden Spike Resources Beta Related Terms

Golden Spike Resources Beta Historical Data

* Premium members only.

The historical data trend for Golden Spike 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.

Golden Spike Resources Beta Chart

Golden Spike Resources Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Golden Spike Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 4.41 4.49

FRA:L5Y vs HL: Beta Comparison

For the Other Precious Metals & Mining subindustry, Golden Spike 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.

Golden Spike Resources Beta vs Metals & Mining Industry

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

* The bar in red indicates where Golden Spike Resources's Beta falls into.


Golden Spike 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 4.4919 mean?
Golden Spike Resources (FRA:L5Y) has a Beta of 4.4919 as of Jul. 19, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Golden Spike Resources and its competitors.
Is Golden Spike Resources' Beta too high?
Golden Spike Resources' current Beta is 4.4919.
How does Golden Spike Resources' Beta compare to HL?
Golden Spike Resources' Beta of 4.4919 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 Golden Spike Resources and its competitors. Golden Spike Resources's current Beta is 4.4919. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Spike Resources stock overvalued right now?
Golden Spike Resources (FRA:L5Y) has a current Beta of 4.4919. The current Beta is 4.4919. 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 Golden Spike Resources (FRA:L5Y), the current Beta is 4.4919 as of Jul. 19, 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.

Golden Spike Resources Business Description

Other Exchanges GSPRF:USAGLDS:Canada
Address 830 - 1100 Melville Street, Vancouver, BC, CAN, V6E 4A6
Golden Spike Resources Corp is a mineral exploration company and its principal business is the acquisition and exploration of mineral properties with a focus on Canada. The company's project includes gregory river properties this mineral exploration property located in Newfoundland.