Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Aya Gold & Silver's Beta is 2.9328.
Aya Gold & Silver (TSX:AYA) 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)
Aya Gold & Silver Beta Related Terms
Aya Gold & Silver Beta Historical Data
* Premium members only.
The historical data trend for Aya Gold & Silver'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 Silver subindustry, Aya Gold & Silver'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.
Aya Gold & Silver Beta vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Aya Gold & Silver's Beta distribution charts can be found below:
* The bar in red indicates where Aya Gold & Silver'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.
Aya Gold & Silver (TSX:AYA) has a Beta of 2.9328 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 Aya Gold & Silver and its competitors.
Is Aya Gold & Silver's Beta too high?
Aya Gold & Silver's current Beta is 2.9328. Overall, Aya Gold & Silver has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aya Gold & Silver's Beta compare to EXK?
Aya Gold & Silver's Beta of 2.9328 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 Aya Gold & Silver and its competitors. Aya Gold & Silver's current Beta is 2.9328. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aya Gold & Silver stock overvalued right now?
Based on GuruFocus' analysis, Aya Gold & Silver (TSX:AYA) is currently considered Possible Value Trap. The stock's GF Value™ is C$65.70, compared to a current price of C$24.32 — trading 63% below its estimated fair value. The current Beta is 2.9328. Aya Gold & Silver's overall GF Score™ is 80/100 with 5 warning signs to review. 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 Aya Gold & Silver (TSX:AYA), the current Beta is 2.9328 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.
Is Aya Gold & Silver (TSX:AYA) Overvalued in 2026?
Based on GuruFocus' analysis, Aya Gold & Silver stock appears to be undervalued.
The current stock price of C$24.32 is trading 63% below its estimated GF Value™ of C$65.70.
GuruFocus considers Aya Gold & Silver to be Possible Value Trap.
Key valuation signals for TSX:AYA:
Beta: 2.9328
GF Value™: C$65.70 vs. price of C$24.32 (63% below fair value)
No single metric tells the full story. See the TSX:AYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aya Gold & Silver Inc is a Canadian-based precious metals mining corporation active across the full mining life-cycle, from discovery and development through to production. It operates in Morocco. The company's flagship asset is the Zgounder Silver Mine, recognized for its rare, high-grade silver mineralization. The mine is located along the Anti-Atlas fault, one of North Africa's geologically rich and underexplored regions, known for hosting silver, gold, and base metal deposits. Aya also owns an 85% interest in the Boumadine polymetallic project, which is currently at the exploration and evaluation stage. It operates in single segment of mining industry and its products are precious metals ingots and concentrate which are refined or smelted into pure silver and sold to metal brokers.
80GF Score
Get the complete analysis for TSX:AYA
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:AYA has been successfully added to your 
