Granada Gold Mine (STU:B6DA) Beta: 3.6995 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Granada Gold Mine Beta?

Granada Gold Mine STU:B6DA Beta is 3.6995 as of Jul. 14, 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 (2026-07-14), Granada Gold Mine's Beta is 3.6995.

Granada Gold Mine  (STU:B6DA) 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)

Granada Gold Mine Beta Related Terms

Granada Gold Mine Beta Historical Data

* Premium members only.

The historical data trend for Granada Gold Mine'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.

Granada Gold Mine Beta Chart

Granada Gold Mine Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.99 0.75 2.45 1.77

Granada Gold Mine Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.54 2.04 1.77 2.13 -1.79

STU:B6DA vs NEM, AU: Beta Comparison

For the Gold subindustry, Granada Gold Mine'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.

Granada Gold Mine Beta vs Metals & Mining Industry

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

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


Granada Gold Mine 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 3.6995 mean?
Granada Gold Mine (STU:B6DA) has a Beta of 3.6995 as of Jul. 14, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Granada Gold Mine and its competitors.
Is Granada Gold Mine's Beta too high?
Granada Gold Mine's current Beta is 3.6995.
How does Granada Gold Mine's Beta compare to NEM and AU?
Granada Gold Mine's Beta of 3.6995 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 Granada Gold Mine and its competitors. Granada Gold Mine's current Beta is 3.6995. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granada Gold Mine stock overvalued right now?
Granada Gold Mine (STU:B6DA) has a current Beta of 3.6995. The current Beta is 3.6995. 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 Granada Gold Mine (STU:B6DA), the current Beta is 3.6995 as of Jul. 14, 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.

Granada Gold Mine Business Description

Other Exchanges GBBFF:USAGGM:Canada
Address 3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Granada Gold Mine Inc is a Canada-based company involved in the industrial metals and mining business sector. The company is a junior natural resource company, which is engaged in the acquisition, exploration, and development of mineral property interests. It operates in the Granada Gold project.