RMESF (Red Metal Resources) Beta: -14.8939 (As of Jun. 24, 2026)


What is Red Metal Resources Beta?

Red Metal Resources RMESF Beta is -14.8939 as of Jun. 24, 2026. The stock has 4 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), Red Metal Resources's Beta is -14.8939.

Red Metal Resources  (OTCPK:RMESF) 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)

Red Metal Resources Beta Related Terms

Red Metal Resources Beta Historical Data

* Premium members only.

The historical data trend for Red Metal Resources'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.

Red Metal Resources Beta Chart

Red Metal Resources Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 2.88 0.98 -1.96 -6.33

Red Metal Resources Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 -4.62 -6.33 -7.44 -9.75 -10.93

Red Metal Resources Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Red Metal Resources'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.

Red Metal Resources Beta vs Metals & Mining Industry

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

* The bar in red indicates where Red Metal Resources's Beta falls into.


Red Metal Resources 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 -14.8939 mean?
Red Metal Resources (RMESF) has a Beta of -14.8939 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 Red Metal Resources and its competitors.
Is Red Metal Resources' Beta too high?
Red Metal Resources' current Beta is -14.8939.
How does Red Metal Resources' Beta compare to competitors?
Red Metal Resources' Beta of -14.8939 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 Red Metal Resources and its competitors. Red Metal Resources's current Beta is -14.8939. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Metal Resources stock overvalued right now?
Red Metal Resources (RMESF) has a current Beta of -14.8939. The current Beta is -14.8939. 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 Red Metal Resources (RMESF), the current Beta is -14.8939 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.

Red Metal Resources Business Description

Other Exchanges I660:GermanyRMES:Canada
Address 1130 West Pender Street, Suite 555, Vancouver, BC, CAN, V6E 4A4
Red Metal Resources Ltd is involved in acquiring and exploring mineral properties in Chile. The company's interest in exploration and evaluation assets consisted of three active copper-gold projects on two properties, namely the Farellon and Perth Projects, both located on the Carrizal Property, and the Mateo Project, located on the Mateo Property. It operates in Chile and Canada.