Cora Gold (LSE:CORA) Beta: -1.3895 (As of Jun. 27, 2026)


What is Cora Gold Beta?

Cora Gold LSE:CORA Beta is -1.3895 as of Jun. 27, 2026. The stock has 3 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Cora Gold's Beta is -1.3895.

Cora Gold  (LSE:CORA) 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)

Cora Gold Beta Related Terms

Cora Gold Beta Historical Data

* Premium members only.

The historical data trend for Cora 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.

Cora Gold Beta Chart

Cora Gold 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 0.00 0.00 0.44 -0.90 -2.48

Cora Gold Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.44 0.40 -0.90 -2.06 -2.48

LSE:CORA vs NEM, AU: Beta Comparison

For the Gold subindustry, Cora 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.

Cora Gold Beta vs Metals & Mining Industry

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

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


Cora 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 -1.3895 mean?
Cora Gold (LSE:CORA) has a Beta of -1.3895 as of Jun. 27, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Cora Gold and its competitors.
Is Cora Gold's Beta too high?
Cora Gold's current Beta is -1.3895.
How does Cora Gold's Beta compare to NEM and AU?
Cora Gold's Beta of -1.3895 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 Cora Gold and its competitors. Cora Gold's current Beta is -1.3895. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cora Gold stock overvalued right now?
Cora Gold (LSE:CORA) has a current Beta of -1.3895. The current Beta is -1.3895. 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 Cora Gold (LSE:CORA), the current Beta is -1.3895 as of Jun. 27, 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.

Cora Gold Business Description

Other Exchanges C0J:Germany
Address Road Reef Marina, P.O. Box 3093, Rodus Building, Tortola, Road Town, VGB, VG1110
Cora Gold Ltd engages in the exploration and development of mineral projects in West Africa. It operates principally in the UK and West Africa, with operations managed on a project by project basis. The company is engaged in limited field activities relating to the exploration of gold. The company's flagship project is the Sanankoro Gold Project comprising five contiguous permits: Bokoro II, Bokoro Est, Dako II, Kodiou, and Sanankoro II located in southwest Mali. The company's other projects include the Yanfolila Gold Belt (south Mali) and the Mako Gold Belt (east Senegal) projects.