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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-31), Dragon Mining's Beta is 0.4591.
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)
Dragon Mining Beta Related Terms
Dragon Mining Beta Historical Data
* Premium members only.
The historical data trend for Dragon Mining'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.
For the Gold subindustry, Dragon Mining'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.
Dragon Mining Beta vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Dragon Mining's Beta distribution charts can be found below:
* The bar in red indicates where Dragon Mining's Beta falls into.
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.
Dragon Mining (HKSE:01712) has a Beta of 0.4591 as of Aug. 31, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Dragon Mining and its competitors.
Is Dragon Mining's Beta too high?
Dragon Mining's current Beta is 0.4591. Overall, Dragon Mining has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dragon Mining's Beta compare to NEM and AU?
Dragon Mining's Beta of 0.4591 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 Dragon Mining and its competitors. Dragon Mining's current Beta is 0.4591. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dragon Mining stock overvalued right now?
Based on GuruFocus' analysis, Dragon Mining (HKSE:01712) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.52, compared to a current price of HK$7.44 — trading 34.8% above its estimated fair value. The current Beta is 0.4591. Dragon Mining's overall GF Score™ is 73/100. 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 Dragon Mining (HKSE:01712), the current Beta is 0.4591 as of Aug. 31, 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.
Is Dragon Mining (HKSE:01712) Overvalued in 2026?
Based on GuruFocus' analysis, Dragon Mining stock appears to be overvalued.
The current stock price of HK$7.44 is trading 34.8% above its estimated GF Value™ of HK$5.52.
GuruFocus considers Dragon Mining to be Significantly Overvalued.
Key valuation signals for HKSE:01712:
Beta: 0.4591
GF Value™: HK$5.52 vs. price of HK$7.44 (34.8% above fair value)
No single metric tells the full story. See the HKSE:01712 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dragon Mining Ltd is principally engaged in gold exploration, mining, and processing in the Nordic region. The company's segments include Sweden that produces gold bullion from the processing of Vammala flotation concentrate and a toll treatment arrangement at the Svartliden Production Centre; and Finland produces gold concentrate from the Vammala Production Centre. It derives the majority of the revenue from Sweden segment. Its project portfolio includes Jokisivu Gold Mine, Kaapelinkulma Gold Mine, Orivesi Gold Mine, Uunimaki Gold Project, Faboliden Gold Mine, and Svartliden Gold Mine.
73GF Score
Get the complete analysis for HKSE:01712
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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