New Tymbal Resources (TSXV:NTB) Beta: -0.7197 (As of Jun. 28, 2026)


What is New Tymbal Resources Beta?

New Tymbal Resources TSXV:NTB Beta is -0.7197 as of Jun. 28, 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 (2026-06-28), New Tymbal Resources's Beta is -0.7197.

New Tymbal Resources  (TSXV:NTB) 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)

New Tymbal Resources Beta Related Terms

New Tymbal Resources Beta Historical Data

* Premium members only.

The historical data trend for New Tymbal 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.

New Tymbal Resources Beta Chart

New Tymbal Resources Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 1.92 1.40 1.32 2.15

New Tymbal Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 1.32 0.93 1.28 0.90 2.15

New Tymbal Resources Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, New Tymbal 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.

New Tymbal Resources Beta vs Metals & Mining Industry

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

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


New Tymbal 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 -0.7197 mean?
New Tymbal Resources (TSXV:NTB) has a Beta of -0.7197 as of Jun. 28, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for New Tymbal Resources and its competitors.
Is New Tymbal Resources' Beta too high?
New Tymbal Resources' current Beta is -0.7197.
How does New Tymbal Resources' Beta compare to competitors?
New Tymbal Resources' Beta of -0.7197 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 New Tymbal Resources and its competitors. New Tymbal Resources's current Beta is -0.7197. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Tymbal Resources stock overvalued right now?
New Tymbal Resources (TSXV:NTB) has a current Beta of -0.7197. The current Beta is -0.7197. 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 New Tymbal Resources (TSXV:NTB), the current Beta is -0.7197 as of Jun. 28, 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.

New Tymbal Resources Business Description

Address 850 West Hastings Street, Suite 600, Vancouver, BC, CAN, V6C 1E1
New Tymbal Resources Ltd is a mineral exploration company. It engages in the exploration and evaluation of mineral properties in Canada. The company conducts all its exploration activities in Canada.