HEXPF (Angel Wing Metals) Beta: -0.0545 (As of Jun. 30, 2026)


What is Angel Wing Metals Beta?

Angel Wing Metals HEXPF Beta is -0.0545 as of Jun. 30, 2026. The stock has 2 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-30), Angel Wing Metals's Beta is -0.0545.

Angel Wing Metals  (OTCPK:HEXPF) 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)

Angel Wing Metals Beta Related Terms

Angel Wing Metals Beta Historical Data

* Premium members only.

The historical data trend for Angel Wing Metals'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.

Angel Wing Metals Beta Chart

Angel Wing Metals 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 1.94 2.00 0.43 0.63 -0.03

Angel Wing Metals 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 0.62 0.48 -0.41 -0.03 -0.20

HEXPF vs HL: Beta Comparison

For the Other Precious Metals & Mining subindustry, Angel Wing Metals'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.

Angel Wing Metals Beta vs Metals & Mining Industry

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

* The bar in red indicates where Angel Wing Metals's Beta falls into.


Angel Wing Metals 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 -0.0545 mean?
Angel Wing Metals (HEXPF) has a Beta of -0.0545 as of Jun. 30, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Angel Wing Metals and its competitors.
Is Angel Wing Metals' Beta too high?
Angel Wing Metals' current Beta is -0.0545.
How does Angel Wing Metals' Beta compare to HL?
Angel Wing Metals' Beta of -0.0545 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 Angel Wing Metals and its competitors. Angel Wing Metals's current Beta is -0.0545. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angel Wing Metals stock overvalued right now?
Angel Wing Metals (HEXPF) has a current Beta of -0.0545. The current Beta is -0.0545. 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 Angel Wing Metals (HEXPF), the current Beta is -0.0545 as of Jun. 30, 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.

Angel Wing Metals Business Description

Other Exchanges AWM:Canada
Address 82 Richmond Street East, Suite 1000, Toronto, ON, CAN, M5C 1P1
Angel Wing Metals Inc is focused on the exploration and development of its portfolio of precious metals properties. The company's flagship La Reyna Project covers over various square kilometers in the southern extension of the prolific Sierra Madre Occidental gold-silver belt in the state of Nayarit, Mexico, and is demonstrating gold and silver mineralization. It also owns two early-stage gold exploration projects in Northwestern Ontario. The Winora Project is located near Lingman Lake, and the Quartz Lake Project is located east of the prolific Red Lake district and exhibits many similar geological features to other exploration plays in the region. The company operates in one industry segment, namely the exploration of mineral resources in two geographic regions, Canada and Mexico.