GRCAF (Gold Springs Resource) Beta: 0.1467 (As of Jun. 26, 2026)


What is Gold Springs Resource Beta?

Gold Springs Resource GRCAF Beta is 0.1467 as of Jun. 26, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Gold Springs Resource's Beta is 0.1467.

Gold Springs Resource  (OTCPK:GRCAF) 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)

Gold Springs Resource Beta Related Terms

Gold Springs Resource Beta Historical Data

* Premium members only.

The historical data trend for Gold Springs Resource'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.

Gold Springs Resource Beta Chart

Gold Springs Resource 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 1.41 1.04 0.53 0.24 0.32

Gold Springs Resource 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 0.32 0.33 0.24 0.32 0.22

GRCAF vs NEM, AU: Beta Comparison

For the Gold subindustry, Gold Springs Resource'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.

Gold Springs Resource Beta vs Metals & Mining Industry

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

* The bar in red indicates where Gold Springs Resource's Beta falls into.


Gold Springs Resource 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 0.1467 mean?
Gold Springs Resource (GRCAF) has a Beta of 0.1467 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Gold Springs Resource and its competitors.
Is Gold Springs Resource's Beta too high?
Gold Springs Resource's current Beta is 0.1467.
How does Gold Springs Resource's Beta compare to NEM and AU?
Gold Springs Resource's Beta of 0.1467 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 Gold Springs Resource and its competitors. Gold Springs Resource's current Beta is 0.1467. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Springs Resource stock overvalued right now?
Gold Springs Resource (GRCAF) has a current Beta of 0.1467. The current Beta is 0.1467. 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 Gold Springs Resource (GRCAF), the current Beta is 0.1467 as of Jun. 26, 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.

Gold Springs Resource Business Description

Other Exchanges SS7A:GermanyGRC:Canada
Address 1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Gold Springs Resource Corp is a growth-focused mineral exploration company advancing the district-scale Gold Springs gold project situated in mining-friendly Nevada and Utah. The Company's activities include the acquisition, exploration and development of mineral properties. Its operations are limited to a single industry segment, being mineral exploration and development. Geographically, the company operates in Canada, and United States.