Northern Dynasty Minerals (HAM:ND3) Beta: N/A (As of Jul. 12, 2026)


HAM:ND3 Northern Dynasty Minerals Ltd HAM:ND3
33 GF Score
Price €1.52
! 2 Warning Signs
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What is Northern Dynasty Minerals Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-12), Northern Dynasty Minerals's Beta is Not available.

Northern Dynasty Minerals  (HAM:ND3) 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)

Northern Dynasty Minerals Beta Related Terms

Northern Dynasty Minerals Beta Historical Data

* Premium members only.

The historical data trend for Northern Dynasty Minerals'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.

Northern Dynasty Minerals Beta Chart

Northern Dynasty Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
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Northern Dynasty Minerals 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 0.00 0.00 0.00 0.00 0.00
HAM:ND3
33GF Score
Northern Dynasty Minerals Ltd HAM:ND3
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Dynasty Minerals 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.

Northern Dynasty Minerals Business Description

Address 1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Northern Dynasty Minerals Ltd is a mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a deposit of copper, gold, molybdenum, and silver into a modern mining operation.
33GF 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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