GGL Resources (TSXV:GGL) Beta: 1.4939 (As of Jun. 25, 2026)


What is GGL Resources Beta?

GGL Resources TSXV:GGL Beta is 1.4939 as of Jun. 25, 2026. The stock has 1 warning sign investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), GGL Resources's Beta is 1.4939.

GGL Resources  (TSXV:GGL) 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)

GGL Resources Beta Related Terms

GGL Resources Beta Historical Data

* Premium members only.

The historical data trend for GGL 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.

GGL Resources Beta Chart

GGL Resources Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 1.43 0.11 0.54 0.14

GGL Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.36 0.19 -0.36 0.14 0.95

TSXV:GGL vs HL: Beta Comparison

For the Other Precious Metals & Mining subindustry, GGL 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.

GGL Resources Beta vs Metals & Mining Industry

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

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


GGL 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 1.4939 mean?
GGL Resources (TSXV:GGL) has a Beta of 1.4939 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for GGL Resources and its competitors.
Is GGL Resources' Beta too high?
GGL Resources' current Beta is 1.4939.
How does GGL Resources' Beta compare to HL?
GGL Resources' Beta of 1.4939 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 GGL Resources and its competitors. GGL Resources's current Beta is 1.4939. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GGL Resources stock overvalued right now?
GGL Resources (TSXV:GGL) has a current Beta of 1.4939. The current Beta is 1.4939. 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 GGL Resources (TSXV:GGL), the current Beta is 1.4939 as of Jun. 25, 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.

GGL Resources Business Description

Other Exchanges GGLXF:USA
Address 1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6
GGL Resources Corp is a resource exploration company engaged in the acquisition, exploration, and evaluation of mineral properties in Canada and the USA. Its mineral property interests consist of exploration-stage mineral properties located in the Northwest Territories, Nunavut, and British Columbia in Canada, and Nevada, USA. The company holds an interest in the properties of Bishop, Gold Point, McConnell Creek, and others.