GMRMF (Asara Resources) Beta: N/A (As of Jul. 03, 2026)


GMRMF Asara Resources Ltd GMRMF
25 GF Score
Price $0.08
! 1 Warning Sign
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What is Asara Resources Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-03), Asara Resources's Beta is Not available.

Asara Resources  (OTCPK:GMRMF) 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)

Asara Resources Beta Related Terms

Asara Resources Beta Historical Data

* Premium members only.

The historical data trend for Asara 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.

Asara Resources Beta Chart

Asara Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
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Asara Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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
GMRMF
25GF Score
Asara Resources Ltd GMRMF
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Asara 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.

Asara Resources Business Description

Other Exchanges ALM1:GermanyAS1:Australia
Address 130 Hay Street, Suite 1, Subiaco, WA, AUS, 6008
Asara Resources Ltd is an exploration company with minerals projects in Guinea and Burkina Faso, West Africa and in Chile, South America. Its projects include Kada Gold Project in eastern Guinea, Kouri Gold Project, located in north-east Burkina Faso, Paguanta Copper and Silver-Lead-Zinc Project, and Patricia Prospect.
25GF 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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