CMP Mining (XCNQ:CMP) Beta: 0.3811 (As of Jun. 25, 2026)


What is CMP Mining Beta?

CMP Mining XCNQ:CMP Beta is 0.3811 as of Jun. 25, 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 (2026-06-25), CMP Mining's Beta is 0.3811.

CMP Mining  (XCNQ:CMP) 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)

CMP Mining Beta Related Terms

CMP Mining Beta Historical Data

* Premium members only.

The historical data trend for CMP Mining'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.

CMP Mining Beta Chart

CMP Mining Annual Data
Trend May22 May23 May24 May25
Beta
0.00 0.00 0.00 0.00

CMP Mining Quarterly Data
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 0.00 0.00 0.00 0.00 0.08

CMP Mining Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, CMP Mining'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.

CMP Mining Beta vs Metals & Mining Industry

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

* The bar in red indicates where CMP Mining's Beta falls into.


CMP Mining 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 0.3811 mean?
CMP Mining (XCNQ:CMP) has a Beta of 0.3811 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 CMP Mining and its competitors.
Is CMP Mining's Beta too high?
CMP Mining's current Beta is 0.3811.
How does CMP Mining's Beta compare to competitors?
CMP Mining's Beta of 0.3811 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 CMP Mining and its competitors. CMP Mining's current Beta is 0.3811. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMP Mining stock overvalued right now?
CMP Mining (XCNQ:CMP) has a current Beta of 0.3811. The current Beta is 0.3811. 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 CMP Mining (XCNQ:CMP), the current Beta is 0.3811 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.

CMP Mining Business Description

Address 1055 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 2E9
CMP Mining Inc engages in the acquisition and exploration of mineral resource properties. The company's operating segments are its exploration and evaluation assets and expenditures, which are incurred in Canada.