KSTBF (Kestrel Gold) Beta: -2.1659 (As of Jun. 24, 2026)


What is Kestrel Gold Beta?

Kestrel Gold KSTBF Beta is -2.1659 as of Jun. 24, 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 (2026-06-24), Kestrel Gold's Beta is -2.1659.

Kestrel Gold  (OTCPK:KSTBF) 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)

Kestrel Gold Beta Related Terms

Kestrel Gold Beta Historical Data

* Premium members only.

The historical data trend for Kestrel Gold'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.

Kestrel Gold Beta Chart

Kestrel Gold Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.99 1.69 1.08 -2.12

Kestrel Gold 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 0.40 -1.74 -2.12 -1.68 -0.36

KSTBF vs NEM, AU: Beta Comparison

For the Gold subindustry, Kestrel Gold'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.

Kestrel Gold Beta vs Metals & Mining Industry

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

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


Kestrel Gold 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 -2.1659 mean?
Kestrel Gold (KSTBF) has a Beta of -2.1659 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Kestrel Gold and its competitors.
Is Kestrel Gold's Beta too high?
Kestrel Gold's current Beta is -2.1659.
How does Kestrel Gold's Beta compare to NEM and AU?
Kestrel Gold's Beta of -2.1659 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 Kestrel Gold and its competitors. Kestrel Gold's current Beta is -2.1659. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kestrel Gold stock overvalued right now?
Kestrel Gold (KSTBF) has a current Beta of -2.1659. The current Beta is -2.1659. 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 Kestrel Gold (KSTBF), the current Beta is -2.1659 as of Jun. 24, 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.

Kestrel Gold Business Description

Other Exchanges KGC:Canada
Address 734 7th Avenue S.W, Suite 603, Calgary, AB, CAN, T2P 3P8
Kestrel Gold Inc is principally engaged in the business of acquisition, exploration, and evaluation of mineral properties. Its principal properties include the King Solomon Dome project in the Dawson mining district in the Yukon Territory of Canada, the QCM Property, and the Fireweed Property located in northern British Columbia.