Errington Metals (TSXV:EM) Beta: N/A (As of Jun. 24, 2026)


TSXV:EM Errington Metals Corp TSXV:EM
11 GF Score
Price C$3.46
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What is Errington Metals Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Errington Metals's Beta is Not available.

Errington Metals  (TSXV:EM) 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)

Errington Metals Beta Related Terms

Errington Metals Beta Historical Data

* Premium members only.

The historical data trend for Errington Metals'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.

Errington Metals Beta Chart

Errington Metals Annual Data
Trend Dec25
Beta
0.00

Errington Metals Semi-Annual Data
Dec25
Beta 0.00
TSXV:EM
11GF Score
Errington Metals Corp TSXV:EM
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Errington Metals 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.

Errington Metals Business Description

Address 1133 Melville Street, Suite 2700, Vancouver, BC, CAN
Errington Metals Corp is a focused exploration and development company specializing in critical and precious metals. The Company is advancing its high-grade volcanogenic massive sulphide (VMS)-style Sudbury Basin Project, located in the heart of the world-renowned Sudbury mining district. The VMS potential of the Sudbury Basin has historically been underexplored in favour of the copper-nickel-PGE-style deposits, and Errington Metals believes the district remains prospective for new VMS discoveries.
11GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$3.46
Price